New Home Sales

New single-family home sales represent the number of brand-new houses that were purchased or committed to being purchased over the course of a month. This data is collected from the Selling Office Commission and local building permit offices, under the assumption that new houses built are being built to sell. This indicator has a trickle-down effect, as demand rises for …

Housing Starts

U.S. Building Permits refer to the approvals given by local jurisdictions prior to the construction of new real estate developments. Housing starts track the number of new residential construction projects that have begun over a month. Both of these indicators have implications for demand in construction spending and jobs, consumer wages, and complementary sectors such as durable household item sales. …