This indicator provides data of new single-family houses sold and for sale. This number tends to grow when the rate on loans secured by real estate, which is associated with the basic interest rates in the country, is growing. These data are subject to seasonal fluctuations due to the character of the real estate market. Moving Averages are used for New Home Sales index analysis.
It has a limited impact on the market. Growth of this value has a positive impact on the currency.