Categories Finance

US March NAHB housing market index 39 vs 42 expected

  • Seven month low
  • Prior was 42
  • Single family 43 vs 46 prior
  • Prospective buyers 24 vs 29 prior — lowest since November 2023
  • Sales expectations 47 vs 46 prior

This index fell to 42 from 47 in February but there is some help on the way with falling mortgage rates.

Regionally:

  • Northeast 47 versus 48 last month
  • Midwest 38 versus 43 last month
  • South 39 versus 42 last month
  • West 34 versus 35 last month

This article was written by Adam Button at www.forexlive.com.

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