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Housing Market Index  
Released On 12/15/2009 1:00:00 PM For December, 2009
Housing Market Index17 16 

The homebuilder's housing market index fell back 1 point in December to 16, now 3 points below September's 19 which, though very weak, is the highest reading so far in the housing recovery. The report says credit conditions remain very tight and that questions over job security are keeping potential buyers from taking advantage of government credits. Today's results point to a tick down for existing home sales which, up until recently at least, have been on the recovery. Existing home sales for November will be posted Tuesday next week.

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

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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