2011 Economic Calendar
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Housing Market Index  
Released On 4/18/2011 10:00:00 AM For Apr, 2011
Housing Market Index17 16 

In another step backward for the housing and construction outlook, home builders report a sharp decline this month in sales six months out together with a small decline in current sales. The component index fell one point to 16, a special disappointment given that the 17 reading in March was a nearly one-year high and pointed to the possibility of building momentum. April's weakness is centered in the largest region which is the South where sales are being hurt by an overhang of repossessed homes. One detail that isn't negative is an uptick in total buyer traffic. Housing starts for March will be posted tomorrow morning.

The National Association of Home Builders produces a housing market index based on a survey in which respondents from this organization are asked to rate the general economy and housing market conditions. The housing market index is a weighted average of separate diffusion indexes: present sales of new homes, sale of new homes expected in the next six months, and traffic of prospective buyers in new homes.  Why Investors Care

2011 Release Schedule
Released On: 1/182/153/154/185/166/157/188/159/1910/1811/1612/19
Release For: JanFebMarAprMayJunJulAugSepOctNovDec

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