Federal Reserve Economic Data: Your trusted data source since 1991

Monthly Supply of New Houses in the United States (MSACSRNSA)

Observation:

Dec 2023: 9.1 (+ more)   Updated: Jan 25, 2024
Dec 2023:  9.1  
Nov 2023:  10.8  
Oct 2023:  8.8  
Sep 2023:  8.0  
Aug 2023:  8.4  
View All

Units:

Months' Supply,
Not Seasonally Adjusted

Frequency:

Monthly

NOTES

Source: U.S. Census Bureau  

Source: U.S. Department of Housing and Urban Development  

Release: New Residential Sales  

Units:  Months' Supply, Not Seasonally Adjusted

Frequency:  Monthly

Notes:

The months' supply is the ratio of new houses for sale to new houses sold. This statistic provides an indication of the size of the new for-sale inventory in relation to the number of new houses currently being sold. The months' supply indicates how long the current new for-sale inventory would last given the current sales rate if no additional new houses were built.

Suggested Citation:

U.S. Census Bureau and U.S. Department of Housing and Urban Development, Monthly Supply of New Houses in the United States [MSACSRNSA], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/MSACSRNSA, February 22, 2024.


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