"New House Sales Index is an economic indicator that reflects the current sales of new houses. This index is usually released by the organization or government agency of the real estate industry and used to measure the activity of the new house market. Its value is usually a quarter or month's new house sales and monthly sales and month The previous quarter or month's comparison result.
The value of the new house sales index can show us the trend of the new housing market and the changes in consumer confidence and preference. When the sales index of the new house rises, this usually means that consumers' interest in buying new houses increases and the economic situation is good. On the contrary, when the index decreases, it indicates that consumers' willingness to buy new houses weakens, which may be caused by factors such as economic downturn or high house prices.
The new house sales index can effectively predict the real estate market, because it is a direct measurement indicator, which is different from other house prices indicators. If the sales index of the new house for a long time, this may cause builders to reduce the construction plan of the new house, and then have a impact on the entire real estate market. Therefore, the attention of the new house sales index is very important for economic analysis and investment decisions.
In short, the new house sales index is an important economic indicator that reflects the sales status and trend of the new house market, and it is valuable to evaluate economic and investment decisions. "