New Home Sales
Number of sales of newly constructed residences, excluding new houses that were not built for immediate sale. Based on: National Association of Realtors.
for New Home Sales
New Home Sales Related Indicators
The House Price Index (HPI) is a broad measure of the movement of single-family house prices. It serves as a timely, accurate indicator of house price trends at various geographic levels. Methodologies commonly used to calculate HPI are the hedonic regression (HR), simple moving average (SMA) and repeat-sales regression (RSR). Based on: Federal Housing Finance Agency (U.S.).
Proportion of households that are owners. It is computed by dividing the number of households that are owners by the total number of occupied households. Based on: U.S. Census Bureau.