Months' Supply New Homes
Housing · FRED/Treasury · MSACSR
What this measures. 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…
The latest reading sits at HIGH relative to this series' own history (760 observations) — a statement of where it is in its range, not a forecast. Hover the chart for values; the marked point is the most recent observation.
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