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. source: National Association of Home Builders
Nahb Housing Market Index in the United States averaged 51.47 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 May 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 73.00 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.