16 Oct United States Nahb Housing Market Index
Nahb Housing Market Index in the United States increased to 71 in October from 68 in September of 2019. Nahb Housing Market Index in the United States averaged 50.53 from 1985 until 2019, reaching an all time high of 78 in December of 1998 and a record low of 8 in January of 2009. NAHB/Wells Fargo Housing Market Index (HMI) is based on a monthly survey of home builders. They are asked to rate current sales of single-family homes and sales expectations for the next six months and to rate traffic of prospective buyers. Scores for responses to each component are used to calculate a seasonally adjusted overall index, where a number over 50 indicates more builders view sales conditions as good than poor. This page provides the latest reported value for – United States Nahb Housing Market Index – plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.