Nonfinancial Noncorporate Business; Municipal Securities; Asset, Transactions
Quarterly
NNBSLAQ027S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
256.00
Year-over-Year Change
-277.78%
Date Range
10/1/1946 - 1/1/2025
Summary
The Quarterly trend measures the total value of new single-family houses sold in the United States each quarter. This metric is a key indicator of the health of the residential housing market.
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
The Quarterly trend represents the number of newly built single-family homes that were sold during a given quarter. It provides insight into consumer demand, inventory, and construction activity in the housing sector, which is a major driver of the broader U.S. economy.
Methodology
The data is collected through a survey of home builders and developers.
Historical Context
Quarterly housing sales figures are closely watched by policymakers, investors, and analysts to gauge economic conditions and the trajectory of the real estate market.
Key Facts
- Quarterly new home sales peaked in 2005 at over 1.3 million units.
- Sales declined sharply during the 2008 financial crisis, dropping below 300,000 units.
- In recent years, quarterly new home sales have ranged between 600,000 and 800,000 units.
FAQs
Q: What does this economic trend measure?
A: The Quarterly trend measures the total number of new single-family homes sold in the United States during a given quarter.
Q: Why is this trend relevant for users or analysts?
A: New home sales are a crucial indicator of the health of the housing market and the broader economy, as residential construction and related spending are major drivers of economic growth.
Q: How is this data collected or calculated?
A: The data is collected through a survey of home builders and developers by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Quarterly new home sales figures are closely monitored by policymakers, investors, and analysts to assess the state of the housing market and make informed decisions about economic policy and investment strategies.
Q: Are there update delays or limitations?
A: The Quarterly new home sales data is released with a delay of approximately one month after the end of the reference quarter.
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Citation
U.S. Federal Reserve, Quarterly (NNBSLAQ027S), retrieved from FRED.