United States Nahb Housing Market Index

The NAHB Housing Market Index for the US slumped to 60 in November of 2018 from 68 in October and well below market expectations of 67. It is the lowest reading since August of 2016. The subindex for current single-family home sales fell to 67 from 74; the gauge for home sales over the next six months went down to 65 from 75 and prospective buyers slipped to 45 from 53. Nahb Housing Market Index in the United States averaged 50.17 from 1985 until 2018, reaching an all time high of 78 in December of 1998 and a record low of 8 in January of 2009.

Nahb Housing Market Index in the United States is expected to be 68.00 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 65.00 in 12 months time. In the long-term, the United States Nahb Housing Market Index is projected to trend around 53.00 in 2020, according to our econometric models.

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Calendar	GMT		Actual	Previous	Consensus	TEForecast
2018-09-18	02:00 PM	NAHB Housing Market Index	67	67	66	70
2018-10-16	02:00 PM	NAHB Housing Market Index	68	67	67	67
2018-11-19	03:00 PM	NAHB Housing Market Index	60	68	67	69
2018-12-17	03:00 PM	NAHB Housing Market Index				68

United States Housing	Last	Previous	Highest	Lowest	Unit
Building Permits	1263.00	1270.00	2419.00	513.00	Thousand	[+]
Housing Starts	1228.00	1210.00	2494.00	478.00	Thousand units	[+]
New Home Sales	553.00	585.00	1389.00	270.00	Thousand	[+]
Pending Home Sales	-1.00	-2.40	30.90	-24.30	percent	[+]
Existing Home Sales	5150.00	5330.00	7250.00	1370.00	Thousand	[+]
Construction Spending	0.00	0.80	5.90	-4.80	percent	[+]
Housing Index	0.30	0.40	1.20	-1.80	percent	[+]
Nahb Housing Market Index	60.00	68.00	78.00	8.00		[+]
Mortgage Rate	5.17	5.15	10.56	3.47	percent	[+]
Mortgage Applications	-3.20	-4.00	49.10	-38.80	percent	[+]
Case Shiller Home Price Index	213.72	213.77	213.77	100.00	Index Points	[+]
Home Ownership Rate	64.40	64.30	69.20	62.90	percent	[+]

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. United States Nahb Housing Market Index - actual data, historical chart and calendar of releases - was last updated on November of 2018.