2018 Economic Calendar
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New Home Sales  
Released On 7/25/2018 10:00:00 AM For Jun, 2018
PriorConsensusConsensus Range
New Home Sales - Level - SAAR689 K669 K590 K to 685 K

Consensus Outlook
New home sales have been the backbone for what is otherwise a mixed housing sector. Econoday's consensus for June new home sales is 669,000 vs 689,000 in May, a month when sales got a boost from lower prices.

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
 
 

2018 Release Schedule
Released On: 1/252/263/234/245/236/257/258/239/2610/2411/2812/27
Release For: DecJanFebMarAprMayJunJulAugSepOctNov
 


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