| Definition:
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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.
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| Meaning:
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The index measures builders' attitudes regarding future and current conditions within the housing sector and is a good indicator of building activity.
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| Weight:
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*
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| Source:
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National Association of Home Builders
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| Availability:
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Report released in the middle of the month.
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| Frequency:
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Monthly
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| Coverage:
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Data is for the same month (Data for June is released in June)
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| Volatility:
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Low
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Impact on the Markets:
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| Interest Rates:
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NAHB = Uncertain
NAHB = Uncertain
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| Fixed-income:
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NAHB = Uncertain
NAHB = Uncertain
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| Equities:
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NAHB = Uncertain
NAHB = Uncertain
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| Dollar:
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NAHB = Uncertain
NAHB = Uncertain
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| More Information:
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National Association of Home Builders
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