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Monthly Supply of New Houses in the United States (MSACSR)

Observations

Feb 2025: 8.9
Updated: Mar 25, 2025 9:03 AM CDT
Feb 2025:  8.9  
Jan 2025:  9.0  
Dec 2024:  8.2  
Nov 2024:  8.6  
Oct 2024:  9.2  

Units:

Months' Supply,
Seasonally Adjusted

Frequency:

Monthly
1Y5Y10YMax
to
Date:
Bar 1 - Monthly Supply of New Houses in the United States Vintage: 2025-02-26
Bar 1
(a) Monthly Supply of New Houses in the United States, Months' Supply, Seasonally Adjusted (MSACSR)
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.

Select a date that will equal 100 for your custom index:
  Enter date as YYYY-MM-DD
to

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    For example, invert an exchange rate by using formula 1/a, where “a” refers to the first FRED data series added to this line. Or calculate the spread between 2 interest rates, a and b, by using the formula a - b.

    Use the assigned data series variables (a, b, c, etc.) together with operators (+, -, *, /, ^, etc.), parentheses and constants (1, 1.5, 2, etc.) to create your own formula (e.g., 1/a, a-b, (a+b)/2, (a/(a+b+c))*100). As noted above, you may add other data series to this line before entering a formula.

    Finally, you can change the units of your new series.

    Select a date that will equal 100 for your custom index:
        Enter date as YYYY-MM-DD

    Bar 1 - Monthly Supply of New Houses in the United States Vintage: 2025-02-26
    Bar 2
    (a) Monthly Supply of New Houses in the United States, Months' Supply, Seasonally Adjusted (MSACSR)
    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.

    Select a date that will equal 100 for your custom index:
      Enter date as YYYY-MM-DD
    to

    Write a custom formula to transform one or more series or combine two or more series.

    You can begin by adding a series to combine with your existing series.

    Type keywords to search for data

      Now create a custom formula to combine or transform the series.

      For example, invert an exchange rate by using formula 1/a, where “a” refers to the first FRED data series added to this line. Or calculate the spread between 2 interest rates, a and b, by using the formula a - b.

      Use the assigned data series variables (a, b, c, etc.) together with operators (+, -, *, /, ^, etc.), parentheses and constants (1, 1.5, 2, etc.) to create your own formula (e.g., 1/a, a-b, (a+b)/2, (a/(a+b+c))*100). As noted above, you may add other data series to this line before entering a formula.

      Finally, you can change the units of your new series.

      Select a date that will equal 100 for your custom index:
          Enter date as YYYY-MM-DD

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      Bar 1
      Monthly Supply of New Houses in the United States Vintage: 2025-02-26
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      Bar 2
      Monthly Supply of New Houses in the United States Vintage: 2025-03-25
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      Notes

      Title Release Dates
      Monthly Supply of New Houses in the United States 2011-05-24 2025-03-25
       
      Source    
      U.S. Census Bureau 2011-05-24 2025-03-25
      U.S. Department of Housing and Urban Development 2011-05-24 2025-03-25
       
      Release    
      New Residential Sales 2011-05-24 2025-03-25
       
      Units    
      Months' Supply 2011-05-24 2025-03-25
       
      Frequency    
      Monthly 2011-05-24 2025-03-25
       
      Seasonal Adjustment    
      Seasonally Adjusted 2011-05-24 2025-03-25
       
      Notes    
      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.

      		2011-05-24 2025-03-25

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      New Residential Sales Supplies Housing and Urban Development New Housing Seasonally Adjusted Census Monthly Nation Public Domain: Citation Requested United States of America

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