U.S. flag

An official website of the United States government

end of header

New Residential Sales

You are here:  Census.gov ›  Business & Industry ›  Construction ›  New Residential Sales ›  Revision Analysis
Skip top of page navigation

Revision Analysis

Release Schedule

Analysis of Revisions to New Residential Sales Estimates

Each month the US Census Bureau publishes preliminary estimates of New Single-Family Houses Sold. The US Census Bureau releases these estimates to provide government and private data users with early measures of new residential sales activity. A necessary part of the process of issuing these early data involves the issuance of subsequent revisions. The revisions to new single-family houses sold estimates are primarily the result of the replacement of imputed data with data which are reported in subsequent months. New residential sales have larger revisions than other residential construction series. This is due to the fact that most of the new residential construction survey data are based on a permit being issued. Since many homes have a sales contract signed prior to a permit being issued, an estimate must be determined for these sales prior to permit authorization.

The "Range" shows the largest decrease (or smallest increase if no months revised down) and largest increase (or smallest decrease if no months revised up) over the 12 months. The "Average" is the arithmetic mean of all 12 months. Ideally, this would be zero if the positive and negative revisions equaled each other. The "Absolute Average" is the arithmetic mean of the absolute value of the revision. This indicates the average size of revision without regard to sign.


Download revision analysis file:  PDF  [64kb]  Excel  [27kb]

[Excel] or the letters [xls] indicate a document is in the Microsoft® Excel® Spreadsheet Format (XLS). To view the file, you will need the Microsoft® Excel® Viewer Off Site available for free from Microsoft®.

This symbol Off Site indicates a link to a non-government web site. Our linking to these sites does not constitute an endorsement of any products, services or the information found on them. Once you link to another site you are subject to the policies of the new site.

Source: U.S. Census Bureau | New Residential Sales | (301) 763-5160 |  Last Revised: September 16, 2022