New Home Sales

Who: Commerce Board

When: Monthly

What: The New Home Sales index reports the number of new, privately owned single-family houses sold for the month.

Why: The report is used with the existing home sales report to predict trends in the housing markets. New home sales can also be used to gauge trends in other economic sectors such as those goods and services used by homeowners. Some changes in the new home sales number can be attributed to weather and seasonal holidays.