TECHNICAL ANALYSIS

NAHB housing market index for the estimate of May 37 against 35


NAHB May Housing Market Index

NAHB Housing Market Index

The NAHB has a market index of an estimate of 37 against 35. The rise in the index comes after a record drop a month earlier, while the recovery in sales and demand expectations have stabilized.

Single-family sales: 42 against 36 currently

single-family sales: future 46 against 36

traffic of buyers in perspective: 21 against 13

For the year,

The housing market index was -29 compared to -33 last month.

Single-family sales: -30 compared to -33 last month

single-family sales: Future -26 versus -35 last month

buyer traffic in perspective: -28 compared to -34 last month

As the economy reopens and restrictions are lifted, real estate activity is expected to resume. The issue is the damage done on the employment / labor side which has undermined the economies of potential buyers.

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