Industry Trends Issue 2, 2017 - 8

REPORT 6

new home sales
New home sales steady

T

he graph below shows fluctuation by quarter in the
number of new home sales reported to the U.S. Census
Bureau. As usual, the second quarter of the year is the
strongest for both new and existing home sales, as well
as for our movers. Looking at the chart from 2015 through
Q2 2017, we see strong sales for each quarter, with each one
topping 100,000 homes. Looking at the quarters individually,
each one continues to improve in the following year.

Similar to the existing home sales, the increases in new
homes sold by price range are not as large as the past few years,
but for the most part remain positive. The only bracket that
saw a decrease in sales was the $150,000-$199,999 range, down
30.4 percent quarter over quarter. The biggest jump is seen in
the $200,000-$249,999 range, up 33.3 percent. All other price
brackets show an increase or no change.

Number of New Houses Sold (Quarterly, 2015-2017 Q2)
180,000

160,000

140,000

120,000

100,000

80,000

60,000

40,000

20,000

0

2015: Q1

Q2

Q3

Q4

2016: Q1

Q2

Q3

Q4

2017: Q1

Q2

Source: US Census

New Houses Sold by Price Range
Period

Under
$150,000

$150,000 to
$199,999

$200,000 to
$249,999

$250,000 to
$299,999

$300,000 to
$399,999

$400,000 to
$499,999

$500,000 to
$749,999

$750,000
and over

2nd Q 2016

5,000

23,000

21,000

25,000

37,000

22,000

19,000

7,000

2nd Q 2017

5,000

16,000

28,000

28,000

39,000

25,000

19,000

8,000

2nd Q 2017 vs.
2nd Q 2016

no change

-30.4%

33.3%

12%

5.4%

13.6%

no change

14.2%

Source: US Census
8

INDUSTRY TRENDS ยป 2017, Vol. 2



Table of Contents for the Digital Edition of Industry Trends Issue 2, 2017

shipment volume
congestion and highways
best cities for job growth 2017
people on the move
existing home sales
new home sales
regional report
Industry Trends Issue 2, 2017 - Cover1
Industry Trends Issue 2, 2017 - Cover2
Industry Trends Issue 2, 2017 - 1
Industry Trends Issue 2, 2017 - shipment volume
Industry Trends Issue 2, 2017 - congestion and highways
Industry Trends Issue 2, 2017 - best cities for job growth 2017
Industry Trends Issue 2, 2017 - people on the move
Industry Trends Issue 2, 2017 - 6
Industry Trends Issue 2, 2017 - existing home sales
Industry Trends Issue 2, 2017 - new home sales
Industry Trends Issue 2, 2017 - regional report
Industry Trends Issue 2, 2017 - Cover4
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