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Index Indicating Housing Market Sentiment in the US

Country:
USDUnited States
Importance:
★★
Data Trends
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DateValue
ForecastActualDeviation
Market Impact of Economic Indicator Releases
To understand the market impact of economic indicator releases, this metric represents the relative price change over a specific period following the release.
Formula: (Close price N minutes after the release - Open price at the time of the release) / Open price at the time of the release
DateRelated Instruments Price Volatility
1 min later5 min later10 min later15 min later30 min later
About Index Indicating Housing Market Sentiment in the US

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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