The NAHB housing market index in the US rose to 37 in May of 2020 rebounding slightly from 30 in April which was the lowest since June 2012 and above market forecasts of 35. Still, the sentiment remained in the negative territory as the reading came below 50. The index stood at 66 in May 2019 and hit a high of 76 in December. The current single-family sub-index went up to 42 from 36 in April; the sub-index for home sales for the next six months increased to 46 from 36; and prospective buyers also rose to 21 from 13.
Nahb Housing Market Index in the United States averaged 50.72 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 June of 2020. source: National Association of Home Builders
Nahb Housing Market Index in the United States is expected to be 15.00 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 68.00 in 12 months time. In the long-term, the United States Nahb Housing Market Index is projected to trend around 65.00 in 2021 and 66.00 in 2022, according to our econometric models.