US June NAHB housing market index 60 vs 59 expected

16 June 2016, 16:03
Sherif Hasan
0
23

Details of the June NAHN housing market index:

  • Five month high
  • Prior was 58 (unrevised)
  • Single-family sales 64 vs 63 prior
  • Prospective buyers 47 vs 44 prior
  • Sales over the next six months 70 vs 65

The results are upbeat but housing alone isn't going to be enough to get the US economy out of the 2% rut.

The NAHB survey measures home builder sentiment.

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