The NAHB Housing Market Index in the United States fell to 75 in January of 2020 from an over 20-year high of 76 in the previous month, matching market expectations. The current single-family sub-index dropped to 81 from 84 in December and the one for prospective buyers decreased to 57 from 58. Meantime, the gauge for home sales over the next six months was unchanged at 79.
Nahb Housing Market Index in the United States averaged 50.70 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. source: National Association of Home Builders
Nahb Housing Market Index in the United States is expected to be 74.00 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 67.00 in 12 months time. In the long-term, the United States Nahb Housing Market Index is projected to trend around 66.00 in 2020, according to our econometric models.