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Housing Market Index
Released On 11/17/2009 1:00:00 PM For November, 2009
PriorActual
Housing Market Index18 17 

Highlights
The housing market index was unchanged at 17 in November (October revised 1 point lower). The index "peaked" at 19 in September, which so far has proved to be the top of a long difficult climb out of single digits. A negative in the details is that traffic is especially weak in what is a bad sign for the nation's home builders. Housing starts for October 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
 


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