New Home Sales
Market Sensitivity: Medium.
What Is It: Tracks the sales of new single-family homes.
News Release on Internet: www.census.gov/newhomesales
Home Web Address: www.census.gov
Release Time: 10 A.M. (ET); released about four weeks after the reporting month ends.
Frequency: Monthly.
Source: Census Bureau, Department of Commerce.
Revisions: There are frequent revisions with the data, and they can cover the preceding three months.
Why Is It Important
An abundance of economic indicators deal with housing. With every month comes news of housing starts and permits, sales of existing homes, construction spending, and now the topic of this section, new home sales. Each offers a different perspective on this all-important industry. Housing ...
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