The NAHB housing market index in the US edged up 1 point from the previous month to 84 in February 2021, beating market expectations of 83 despite rising building materials costs. The prospective buyers' sub-index climbed to 72 from 68 in January and the current single-family sub-index was unchanged at 90. Meantime, sales expectations in the next six months went down to 80 from 83. “Demand conditions remain solid due to demographics, low mortgage rates and the suburban shift to lower cost markets, but we expect to see some cooling in growth rates for residential construction in 2021 due to cost factors, supply chain issues and regulatory risks,” said NAHB chief economist Robert Dietz. source: National Association of Home Builders

Nahb Housing Market Index in the United States averaged 51.33 from 1985 until 2021, reaching an all time high of 90 in November of 2020 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 February of 2021.

Nahb Housing Market Index in the United States is expected to be 78.00 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 75.00 in 12 months time. In the long-term, the United States Nahb Housing Market Index is projected to trend around 63.00 in 2022, according to our econometric models.

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United States Nahb Housing Market Index

Actual Previous Highest Lowest Dates Unit Frequency
84.00 83.00 90.00 8.00 1985 - 2021 Monthly
SA


Calendar GMT Actual Previous Consensus TEForecast
2020-11-17 03:00 PM Nov 90 85 85 84
2020-12-16 03:00 PM Dec 86 90 88 88
2021-01-20 03:00 PM Jan 83 86 86 84
2021-02-17 03:00 PM Feb 84 83 83 81
2021-03-16 02:00 PM Mar 84
2021-04-15 02:00 PM Apr
2021-05-17 02:00 PM May
2021-06-15 02:00 PM Jun
Go to our Calendar for more events. Or learn more about the Calendar API for direct access.


News Stream
US Homebuilder Sentiment Beats Forecasts
The NAHB housing market index in the US edged up 1 point from the previous month to 84 in February 2021, beating market expectations of 83 despite rising building materials costs. The prospective buyers' sub-index climbed to 72 from 68 in January and the current single-family sub-index was unchanged at 90. Meantime, sales expectations in the next six months went down to 80 from 83. “Demand conditions remain solid due to demographics, low mortgage rates and the suburban shift to lower cost markets, but we expect to see some cooling in growth rates for residential construction in 2021 due to cost factors, supply chain issues and regulatory risks,” said NAHB chief economist Robert Dietz.
2021-02-17
US Homebuilder Sentiment Weaker than Expected
The NAHB housing market index in the US dropped 3 points from the previous month to 83 in January 2021, moving further away from November's record high of 90 and missing market forecasts of 86. The current single-family sub-index decreased to 90 from 92 in December and the gauge for home sales over the next six months went down to 83 from 85. The prospective buyers sub-index declined to 68 from 73.
2021-01-20
US Homebuilder Sentiment Falls from Record
The NAHB housing market index in the US fell to 86 in December of 2020 from a record high of 90 in November and compared to forecasts of 88. The current single-family sub-index dropped to 92 from 96 and the gauge for home sales over the next six months went down to 85 from 89. The prospective buyers sub-index went down to 73 from 77. “Housing demand is strong entering 2021, however the coming year will see housing affordability challenges as inventory remains low and construction costs are rising,” said NAHB Chairman Chuck Fowke.
2020-12-16
US Homebuilder Sentiment Climbs to New Record
The NAHB housing market index in the US increased to an all-time high of 90 in November 2020 from 85 in the previous month, and above market forecasts of 85. The housing market has been supported by record-low mortgage rates and higher demand for suburban houses as people are moving away from big cities due to the coronavirus pandemic. The current single-family sub-index increased to 96 from 90 and the gauge for home sales over the next six months went up to 89 from 88. The prospective buyers sub-index rose to 77 from 74.
2020-11-17

United States Nahb Housing Market Index
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.