US New Home Sales at 10-Month High | Cross River Real Estate

New Home Sales in the United States is expected to be 526.44 Thousand by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate New Home Sales in the United States to stand at 539.95 in 12 months time. In the long-term, the United States New Home Sales is projected to trend around 589.69 Thousand in 2020, according to our econometric models.

Forecast	Actual	Q1/16	Q2/16	Q3/16	Q4/16	2020	Unit
New Home Sales	544	526	533	536	540	590	Thousand

United States New Home Sales Forecasts are projected using an autoregressive integrated moving average (ARIMA) model calibrated using our analysts expectations. We model the past behaviour of United States New Home Sales using vast amounts of historical data and we adjust the coefficients of the econometric model by taking into account our analysts assessments and future expectations. The forecast for – United States New Home Sales – was last predicted on Wednesday, January 27, 2016.

United States Housing	Last	Q1/16	Q2/16	Q3/16	Q4/16	2020
Building Permits	1232	1245	1249	1254	1259	1310
Housing Starts	1149	1165	1173	1182	1192	1288
New Home Sales	544	526	533	536	540	590
Pending Home Sales	2.7	1.99	1.7	1.54	1.45	1.33
Existing Home Sales	5460	5546	5402	5396	5378	5115
Construction Spending	-0.4	0.22	0.27	0.29	0.3	0.31
Housing Index	0.5	0.48	0.44	0.43	0.42	0.31
Nahb Housing Market Index	60	59.27	58.97	58.48	58.01	53.23
Mortgage Rate	4.02	4.6	4.9	5.1	4.19	6.5
Mortgage Applications	8.8	0.98	0.48	0.48	0.48	0.48
Home Ownership Rate	63.7	63.7	63.7	63.7	63.7	63.7
Case Shiller Home Price Index	183	183	182	181	180	160