2017 Economic Calendar
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New Home Sales  
Released On 7/26/2017 10:00:00 AM For Jun, 2017
PriorConsensusConsensus Range
New Home Sales - Level - SAAR610 K612 K590 K to 630 K

Recent History Of This Indicator
New home sales entered the Spring on a down note before popping higher to a 610,000 annualized rate in a May report that also included a major upward revision for April. Forecasters see new home sales in June adding very slightly to May's strength with the consensus at 612,000.

Definition
New home sales measure the number of newly constructed homes with a committed sale during the month. The level of new home sales indicates housing market trends and, in turn, economic momentum and consumer purchases of furniture and appliances.  Why Investors Care
 
[Chart]
There is no question that lower interest rates boost home sales. Other factors also impact housing decisions, such as employment and income growth, and wealth stemming from stock market gains.
Data Source: Haver Analytics
 
 

2017 Release Schedule
Released On: 1/262/243/234/255/236/237/268/239/2610/2511/2712/22
Release For: DecJanFebMarAprMayJunJulAugSepOctNov
 


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