New Houses Sold by Sales Price Between $400,000 and $499,999 in the Midwest Census Region
Thousands of Units, Quarterly
NHSMWSP40T49Q • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.00
Year-over-Year Change
0.00%
Date Range
1/1/2020 - 4/1/2025
Summary
The 'Thousands of Units, Quarterly' metric measures the quarterly production of new single-family houses in the United States. This data provides valuable insights into the health of the U.S. housing market and broader economic conditions.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This data series tracks the total number of new single-family houses sold, reported in thousands of units on a quarterly basis. It serves as an important indicator of residential construction activity and consumer demand in the housing sector.
Methodology
The data is collected and published by the U.S. Census Bureau through surveys of home builders and residential construction firms.
Historical Context
Policymakers and economists closely monitor this metric to assess the state of the housing market and its implications for the overall economy.
Key Facts
- The data is reported on a quarterly basis.
- New single-family home sales are a leading indicator of economic activity.
- The housing sector is a significant driver of the U.S. economy.
FAQs
Q: What does this economic trend measure?
A: This trend measures the quarterly production of new single-family houses in the United States, reported in thousands of units.
Q: Why is this trend relevant for users or analysts?
A: This data provides valuable insights into the health of the U.S. housing market and broader economic conditions, as new home sales are a leading indicator of economic activity.
Q: How is this data collected or calculated?
A: The data is collected and published by the U.S. Census Bureau through surveys of home builders and residential construction firms.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor this metric to assess the state of the housing market and its implications for the overall economy.
Q: Are there update delays or limitations?
A: The data is reported on a quarterly basis, with a typical delay of a few months between the end of the quarter and the data release.
Related Trends
Expenditures: Other Meats by Region: Residence in the Midwest Census Region
CXUOTHRMEATLB1103M
New Privately Owned Housing Completions Average Square Feet of Floor Area for Two or More Units in the Midwest Census Region
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Unemployed Persons in Midwest Census Region
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New Privately Owned Housing Starts by Number of Units in Building, 2 to 4 Units in the Midwest Census Region
HOUSTCB24UMMWQ
Consumer Unit Characteristics: Percent Homeowner with Mortgage by Region: Residence in the Midwest Census Region
CXU980230LB1103M
New Houses Sold by Sales Price Under $300,000 in the Midwest Census Region
NHSMWSPU30A
Citation
U.S. Federal Reserve, 'Thousands of Units, Quarterly' (NHSMWSP40T49Q), retrieved from FRED.