New Home Sales – economic index from the United States

The Housing Market Index (HMI) is based on a monthly survey of NAHB members designed to take the pulse of the single-family housing market. The survey asks respondents to rate market conditions for the sale of new homes at the present time and in the next six months as well as the traffic of prospective buyers of new homes.

New Home Sales measures the annualized number of new single-family homes that were sold during the previous month. This report tends to have more impact when it’s released ahead of Existing Home.

 · The United States is a world economic powerhouse with the largest nominal GDP in the world, valued at 18.46 trillion dollars which translate to 22% of the world’s nominal GDP. The economy of the United States is divided into three broad categories including the service sector, the manufacturing sector, and the agricultural sector. 1.

New home sales is an economic indicator which records sales of newly constructed residences in the United States of America.The United States census bureau publishes new home sales statistics monthly on their website. Statistics are reported as unadjusted monthly rates and seasonally adjusted annual rates.

New Home Sales in the United States averaged 650.26 Thousand units. short- term forecast and long-term prediction, economic calendar, Case Shiller Home Price Index, 215.68, 213.95, 215.68, 100.00, Index Points, [+].

Graph and download economic data from Jan 1963 to May 2019 about 1-unit structures, family, headline figure, new, sales, housing, and USA. New One family houses sold: united States. Skip to main content.

Latest news and headlines affecting the United States economy.. US Treasury yields tick higher after strong retail sales data.. A new drinking water crisis hits US military bases across the.

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 · Sales of new homes soared more than 50% in the West, partially recovering after a sharp drop in May. They plunged 26.3% in the Midwest, where they have fallen nearly 18% compared with a year ago.

Labour looking at housing and land proposals affecting lettings market and tax – PropertyWire S&P/Case-Shiller Home Price Index: “Gains Continue to Weaken” Not only are they up 6.5% over the past year, according to the closely watched S&P Case-Shiller home price index, but a new survey indicates they are going to rise even higher. A poll of 45 analysts.Taxes on income, sales, and buildings fail on the neutrality criterion. Only the land value tax passes, as it does not affect the land rent Jun 26, 2016. Jamil Ghaznawi: Land tax to stimulate growth in housing sector. Lower land values will make development more financially viable and therefore stimulate additional activity. and revenue.

The New Home Sales m/m indicator reflects a monthly change in the sales of newly constructed residences in the United States in the reported month compared to the previous month. The value measures new single-family home sales. Apartment buildings are excluded from the calculation.