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The NAHB Housing Market Index is a monthly survey conducted by the National Association of Home Builders (NAHB) that measures the sentiment of home builders regarding current and future single-family home sales and traffic. The survey asks builders to rate their perceptions of present and future market conditions on a scale of 0 to 100.
The NAHB Housing Market Index is important because the housing market is a key driver of economic growth and consumer confidence. The index provides insight into the health of the housing market, including trends in new construction, sales, and demand for homes. The index is also closely watched by policymakers, economists, and investors as it can provide early indications of changes in the broader economy. Increases in the index can indicate a growing economy and increasing consumer confidence, while declines may signal a slowdown or contraction. Furthermore, the NAHB Housing Market Index is used by home builders and developers to inform business decisions related to new construction, pricing, and investment strategies. The index can also be used by home buyers to assess the current state of the housing market and make informed decisions regarding the purchase or sale of a home.
ADP Employment Change NEXT:30-Oct-2024 |
Average Hourly Earnings NEXT:1-Nov-2024 |
Average Weekly Hours NEXT:1-Nov-2024 |
Budget Balance NEXT:13-Nov-2024 |
Building Permits NEXT:18-Oct-2024 |
Business Inventories / Sales Ratio NEXT:17-Oct-2024 |
Business Inventories m/m NEXT:17-Oct-2024 |
Business Inventories y/y NEXT:17-Oct-2024 |
Business Sales m/m NEXT:17-Oct-2024 |
Business Sales y/y NEXT:17-Oct-2024 |
Capacity Utilization Rate m/m NEXT:17-Oct-2024 |
Capital Account Balance NEXT:18-Dec-2024 |
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