New Houses Sold by Sales Price Between $500,000 and $599,999 in the Northeast Census Region
Thousands of Units, Quarterly
NHSNESP50T59Q • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.00
Year-over-Year Change
0.00%
Date Range
1/1/2020 - 4/1/2025
Summary
This economic indicator tracks new home sales in the United States, providing insights into the health of the housing market and consumer confidence.
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
The 'Thousands of Units, Quarterly' metric measures the seasonally adjusted annualized rate of new single-family home sales in the U.S. It is a key indicator used by economists and policymakers to analyze trends in residential construction and consumer spending.
Methodology
The data is collected and calculated by the U.S. Census Bureau through surveys of new home sales.
Historical Context
Trends in new home sales are closely watched as they can signal broader economic conditions and influence monetary and fiscal policy decisions.
Key Facts
- New home sales account for about 10% of all residential real estate transactions in the U.S.
- The series tracks the number of newly constructed single-family homes that have been sold in a given quarter.
- Robust new home sales are seen as a sign of consumer confidence and a healthy economy.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the seasonally adjusted annualized rate of new single-family home sales in the United States.
Q: Why is this trend relevant for users or analysts?
A: New home sales data provides insights into the health of the housing market and broader economic conditions, making it a key indicator followed by economists, policymakers, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Census Bureau through surveys of new home sales.
Q: How is this trend used in economic policy?
A: Trends in new home sales are closely watched as they can signal broader economic conditions and influence monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The new home sales data is released on a monthly basis with a typical delay of around one month.
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CXUMISCHHEQLB1102M
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CXUOTHDAIRYLB1102M
Income Before Taxes: Social Security, Private & Government Retirement by Region: Residence in the Northeast Census Region
CXURETIRINCLB1102M
Other Financial Information: Estimated Monthly Rental Value of Owned Home by Region: Residence in the Northeast Census Region
CXU910050LB1102M
New Houses Sold by Sales Price Between $500,000 and $599,999 in the Northeast Census Region
NHSNESP50T59A
Citation
U.S. Federal Reserve, Thousands of Units, Quarterly (NHSNESP50T59Q), retrieved from FRED.