CD Media
Markets

NAHB Housing Index Shows Continued Strong Growth

NAHB Housing Index Shows Continued Strong Growth

The National Association of Home Builder’s Index came in at a strong 62 vs consensus estimate of 63, showing continued strong support for the American housing market.

NAHB Housing Market Index is released by the National Association of Home Builders. It presents home sales and expected home buildings in the future indicating housing market trend in the United States. The growth rate of the housing market affects the USD volatility. Normally, a high reading is seen as positive (or bullish) for the USD, whereas a low reading is seen as negative (or bearish).

Related posts

Dr. Doom Gets Religion On Cyrpto

CD Media Staff

Houthis Attack Saudi Airport, Threats By Iran May Play Role In Flat Markets, Oil Down Due To Oversupply

CD Media Staff

GDP Is A Tale Of Two Economies; Earnings Beat Forecasts

CD Media Staff

Leave a Comment