New Home Sales
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Definition of 'New Home Sales'
New home sales is the number of newly constructed homes with a signed sales contract during the month that the figure is being reported on. Compare this to Existing Home Sales.
This figure is reported by the United States Bureau of the Census at United States Commerce Department and the United States Department of Housing and Urban Development on a monthly basis near the end of the month. The data is for the previous month.
This figure is reported by the United States Bureau of the Census at United States Commerce Department and the United States Department of Housing and Urban Development on a monthly basis near the end of the month. The data is for the previous month.
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