The NAHB housing market index in the US climbed 21 points from the previous month to 58 in June 2020, easily beating market expectations of 45, as several states lifted the lockdowns restrictions imposed to combat COVID-19. The current single-family sub-index rose to 63 from 42 in May and the one for prospective buyers went up to 43 from 21. Additionally, the gauge for home sales over the next six months increased to 68 from 46.
Nahb Housing Market Index in the United States averaged 50.74 from 1985 until 2020, reaching an all time high of 78 in December of 1998 and a record low of 8 in January of 2009. 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. United States Nahb Housing Market Index - data, historical chart, forecasts and calendar of releases - was last updated on July of 2020. source: National Association of Home Builders
Nahb Housing Market Index in the United States is expected to be 45.00 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Nahb Housing Market Index in the United States to stand at 58.00 in 12 months time. In the long-term, the United States Nahb Housing Market Index is projected to trend around 55.00 in 2021 and 63.00 in 2022, according to our econometric models.