2017 Economic Calendar
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Housing Market Index  
Released On 12/18/2017 10:00:00 AM For Dec, 2017
PriorConsensusConsensus Range
Housing Market Index70 70 69  to 71 

Recent History Of This Indicator
Home builders have been reporting rising confidence going into year end with the housing market index moving 4 points higher in October to 68 followed by a 2 point gain in November to 70 and the best reading since March. Strength in this report has not translated this year to equivalent strength in actual housing data though new home sales have in fact been coming alive in recent months. Forecasters see December's index holding at 70.

Definition
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, sales of new homes expected in the next six months, and traffic of prospective buyers in new homes.  Why Investors Care
 
 

2017 Release Schedule
Released On: 1/182/153/154/175/156/157/188/159/1810/1711/1612/18
Release For: JanFebMarAprMayJunJulAugSepOctNovDec
 


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