Index Indicating Housing Market Sentiment in the US
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The NAHB Housing Market Index is an indicator used to assess the sentiment within the U.S. housing construction industry. Published monthly by the National Association of Home Builders (NAHB), this index is calculated based on surveys of homebuilders.
The index sets 50 as a benchmark, where readings above 50 indicate a robust housing market, and those below 50 suggest stagnation. The NAHB Housing Market Index comprises three major components: new home sales, expected sales, and buyer traffic, which collectively provide insights into the health and future outlook of the housing construction industry.
This data is crucial for policymakers to evaluate housing market trends and formulate appropriate housing policies. It also serves as an important source of information for businesses and investors to understand housing market dynamics and economic forecasts.
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| Forecast | Actual | Deviation | 1 min later | 5 min later | 10 min later | 15 min later | 30 min later | 60 min later | ||