NAHB HOUSING MARKET INDEX

Definition: The National Association of Home Builders Index is a survey of home builders who are asked to rate 1) current sales of single family home 2) sales projections for the next six months 3) foot traffic through model homes. Answers are scored and used to calculate a seasonally adjusted index. An index reading over 50 indicates good conditions in the housing market.
Meaning: The index measures builders' attitudes regarding future and current conditions within the housing sector and is a good indicator of building activity.
Weight: *
Source: National Association of Home Builders
Availability: Report released in the middle of the month.
Frequency: Monthly
Coverage: Data is for the same month (Data for June is released in June)
Volatility: Low

Impact on the Markets:

Interest Rates: NAHB = Uncertain
NAHB = Uncertain
Fixed-income: NAHB = Uncertain
NAHB = Uncertain
Equities: NAHB = Uncertain
NAHB = Uncertain
Dollar: NAHB = Uncertain
NAHB = Uncertain
More Information:
National Association of Home Builders
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