2017 Economic Calendar
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New Home Sales  
Released On 8/23/2017 10:00:00 AM For Jul, 2017
PriorConsensusConsensus Range
New Home Sales - Level - SAAR610 K610 K590 K to 622 K

Recent History Of This Indicator
New home sales entered the Spring on the downturn before popping higher to a 600,000 plus annualized rate in both May and June. Prices came down in June while supply improved which could be positives for July sales. Yet forecasters are calling for no change in July at 610,000.

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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