The NAHB housing market index in the US fell for the second month to 80 in July of 2021, the lowest since August of 2020 from 81 in the previous month and below market forecasts of 82. Current sales conditions fell 1 point to 86, buyer traffic declined 6 points to 65, and sales expectations in the next six months rose 2 points to 81. "Builders continue to grapple with elevated building material prices and supply shortages, particularly the price of oriented strand board, which has skyrocketed more than 500% above its January 2020 level,” said NAHB Chairman Chuck Fowke. Still, the reading remained above 80, relatively close to a record high of 90 hit in November and way above 50 which is considered positive. source: National Association of Home Builders

Nahb Housing Market Index in the United States averaged 51.68 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 July of 2021.

Nahb Housing Market Index in the United States is expected to be 76.00 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
80.00 81.00 90.00 8.00 1985 - 2021 Monthly
SA


Calendar GMT Actual Previous Consensus TEForecast
2021-04-15 02:00 PM Apr 83 82 83 82
2021-05-17 02:00 PM May 83 83 83 83
2021-06-15 02:00 PM Jun 81 83 83 83
2021-07-19 02:00 PM Jul 80 81 82 81
2021-08-17 12:20 PM Aug 80 78
2021-09-20 02:00 PM Sep
2021-10-18 02:00 PM Oct
2021-11-16 03:00 PM Nov


News Stream
US Homebuilder Sentiment Falls for 2nd Month
The NAHB housing market index in the US fell for the second month to 80 in July of 2021, the lowest since August of 2020 from 81 in the previous month and below market forecasts of 82. Current sales conditions fell 1 point to 86, buyer traffic declined 6 points to 65, and sales expectations in the next six months rose 2 points to 81. "Builders continue to grapple with elevated building material prices and supply shortages, particularly the price of oriented strand board, which has skyrocketed more than 500% above its January 2020 level,” said NAHB Chairman Chuck Fowke. Still, the reading remained relatively close to a record high of 90 hit in November and way above 50 which is considered positive.
2021-07-19
US Homebuilder Sentiment at 10-Month Low
The NAHB housing market index in the US edged down to 81 in June of 2021 from 83 in each of the previous two months, below market forecasts of 83. It is the lowest reading in 10 months, amid rising cost pressure. The current single-family sub-index fell to 86 from 88 and the gauge for home sales over the next six months edged down to 79 from 81. Also, the prospective buyers sub-index declined to 71 from 73. “Higher costs and declining availability for softwood lumber and other building materials pushed down builder sentiment in Jun. These higher costs have moved some new homes beyond the budget of prospective buyers, which has slowed the strong pace of home building”, said NAHB Chairman Chuck Fowke.
2021-06-15
US Homebuilder Sentiment Stable in May
The NAHB housing market index in the US stood at 83 in May 2021, unchanged from the previous month and in line with market expectations. The current single-family sub-index was flat at 88 and the gauge for home sales over the next six months edged higher to 81 from 80 in April. On the other hand, the prospective buyers sub-index declined to 73 from 74.
2021-05-17
US Homebuilder Sentiment Edges Up in April
The NAHB housing market index in the US edged up 1 point to 83 in April of 2021, matching market forecasts. Current sales conditions for the single-family segment increased 1 point to 88 and the prospective buyers' sub-index rose to 75 from 72. In contrast, sales expectations in the next six months went down 2 points to 81. “The supply chain for residential construction is tight, particularly regarding the cost and availability of lumber, appliances, and other building materials. Though builders are seeking to keep home prices affordable in a market in need of more inventory, policymakers must find ways to increase the supply of building materials as the economy runs hot in 2021”, said NAHB Chairman Chuck Fowke.
2021-04-15

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.