The Economy & the Fed
New Home Sales
Contracts signed in a month to buy newly built single-family homes, from the Census Bureau with HUD, stated as a seasonally adjusted yearly pace. A sale is counted when the contract is signed, often before the home is finished, which makes the figure earlier than existing home sales (counted at closing) but less precise: the monthly change has a wide margin of error. New homes are roughly one sale in seven; the rest are existing homes changing hands.
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Educational information, not investment advice. See it applied across the screener →