New One Family Houses Sold in Northeast Census Region
HSN1FNE • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
21.00
Year-over-Year Change
-34.38%
Date Range
1/1/1973 - 6/1/2025
Summary
The 'New One Family Houses Sold in Northeast Census Region' metric tracks the monthly sales of newly constructed single-family homes in the Northeastern United States. It is an important indicator of housing market activity and consumer demand.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This series measures the number of newly built, single-family homes sold each month in the Northeast region, which includes Connecticut, Maine, Massachusetts, New Hampshire, New Jersey, New York, Pennsylvania, Rhode Island, and Vermont. It provides insight into the health of the residential construction industry and consumer confidence.
Methodology
The data is collected through surveys of homebuilders and real estate agents by the U.S. Census Bureau.
Historical Context
This metric is closely watched by economists, policymakers, and real estate analysts to assess the strength of the housing market and broader economic conditions.
Key Facts
- The Northeast region accounts for about 20% of total U.S. new home sales.
- New home sales data is considered a leading economic indicator.
- Historically low mortgage rates have boosted new home demand in recent years.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the monthly sales of newly constructed single-family homes in the Northeastern United States.
Q: Why is this trend relevant for users or analysts?
A: New home sales data provides important insights into the health of the housing market and consumer confidence, making it a closely watched economic indicator.
Q: How is this data collected or calculated?
A: The data is collected through surveys of homebuilders and real estate agents by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and economists analyze new home sales data to assess broader economic conditions and make informed decisions regarding monetary and fiscal policies.
Q: Are there update delays or limitations?
A: The new home sales data is published monthly by the U.S. Census Bureau, with a typical release lag of around 3-4 weeks.
Related Trends
Expenditures: Beef by Region: Residence in the Northeast Census Region
CXUBEEFLB1102M
New Privately Owned Housing Starts by Purpose of Construction, Contractor-Built One-Family Units in the Northeast Census Region
HOUSTCB1FNEQ
Expenditures: Sugar and Other Sweets by Region: Residence in the Northeast Census Region
CXUSWEETSLB1102M
Consumer Unit Characteristics: Number of People in CU by Region: Residence in the Northeast Census Region
CXU980010LB1102M
Consumer Unit Characteristics: Percent Elementary (1-8) by Region: Residence in the Northeast Census Region
CXU980290LB1102M
Expenditures: Apparel, Women, 16 and over by Region: Residence in the Northeast Census Region
CXUWOMENSLB1102M
Citation
U.S. Federal Reserve, New One Family Houses Sold in Northeast Census Region (HSN1FNE), retrieved from FRED.