New Houses Sold by Sales Price Between $600,000 and $799,999 in the Northeast Census Region
Thousands of Units, Quarterly
NHSNESP60T79Q • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.00
Year-over-Year Change
0.00%
Date Range
1/1/2020 - 4/1/2025
Summary
The 'Thousands of Units, Quarterly' series tracks the total number of new single-family homes sold in the United States on a quarterly basis. This metric is closely watched by economists and policymakers as an indicator of housing market activity and consumer demand.
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 series represents the total number of new single-family homes sold in the U.S. during each quarter, measured in thousands of units. It is a key indicator of the health and direction of the housing market, providing insights into consumer confidence, construction activity, and broader economic trends.
Methodology
The data is collected and reported by the U.S. Census Bureau through surveys of new home sales.
Historical Context
Policymakers and analysts use this data to assess the state of the housing market and its impact on the overall economy.
Key Facts
- New home sales are a leading indicator of economic activity.
- The U.S. housing market accounts for a significant portion of GDP.
- Quarterly new home sales data is published by the U.S. Census Bureau.
FAQs
Q: What does this economic trend measure?
A: The 'Thousands of Units, Quarterly' series tracks the total number of new single-family homes sold in the United States during each quarter, providing a key indicator of housing market activity.
Q: Why is this trend relevant for users or analysts?
A: This metric is closely watched by economists and policymakers as it offers insights into consumer confidence, construction activity, and broader economic trends.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Census Bureau through surveys of new home sales.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this data to assess the state of the housing market and its impact on the overall economy, informing decisions and policies related to economic growth, consumer spending, and housing-related industries.
Q: Are there update delays or limitations?
A: The new home sales data is published on a quarterly basis by the U.S. Census Bureau, with a typical release delay of approximately one month after the end of the quarter.
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Citation
U.S. Federal Reserve, Thousands of Units, Quarterly (NHSNESP60T79Q), retrieved from FRED.