Observation:
Mar 2024: 8.3 (+ more) Updated: Apr 23, 2024 9:02 AM CDTMar 2024: | 8.3 | |
Feb 2024: | 8.8 | |
Jan 2024: | 8.2 | |
Dec 2023: | 8.3 | |
Nov 2023: | 8.8 | |
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Units:
Months' Supply,Frequency:
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Source: U.S. Census Bureau
Source: U.S. Department of Housing and Urban Development
Release: New Residential Sales
Units: Months' Supply, Seasonally Adjusted
Frequency: Monthly
The months' supply is the ratio of new houses for sale to new houses sold. This statistic provides an indication of the size of the new for-sale inventory in relation to the number of new houses currently being sold. The months' supply indicates how long the current new for-sale inventory would last given the current sales rate if no additional new houses were built.
U.S. Census Bureau and U.S. Department of Housing and Urban Development, Monthly Supply of New Houses in the United States [MSACSR], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/MSACSR, May 17, 2024.