POWERED BY  econoday logo
Resource Center »  Event Release Dates   |   Event Definitions   |   Today's Calendar

Housing Market Index
Released On 7/16/2009 1:00:00 PM For July, 2009
PriorActual
Housing Market Index15 17 

Highlights
Builders are reporting improving conditions in what is badly needed good news on the housing sector. The housing market index rose 2 points to 17 in July with gains centered in current sales. Traffic is also improving. Demand may now be getting a visible boost from falling home prices, though the report, issued by the nation's homebuilders, warns that credit flow is still tight. There wasn't much reaction to the report, at least initially. Housing starts will be posted tomorrow.

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

2009 Release Schedule
Released On: 1/212/173/164/155/186/157/168/179/1610/1911/1712/15
Release For: JanFebMarAprMayJunJulAugSepOctNovDec
 


Legal Notices | ©Copyright 1998-2013 Econoday, Inc.  powered by  [Econoday] [Apple App Store]
[Econoday on Kindle]
Add to Google