U.S.’s overall Housing Market Index for Single Family Sales is 85 for October, up from September’s 83, corresponding to a weighted average of 0.5920, according to NAHB. NAHB Housing Market Index shows present market conditions for new home sales and traffic for prospective buyers in the next six months.
- Present single-family sales Index is 90, up from September’s 88
- The single-family sales index for the next six months is 88, up from September’s 85
- The traffic of prospective buyers index is 74, the same as September, but up August’s 64.
- Highest regional Housing Market Index in the west at 95 and lowest in Midwest at 77
SPDR S&P Homebuilders ETF is gaining. XHB is up 0.16%
