The NAHB housing market index in the US fell to 86 in December of 2020 from a record high of 90 in November and compared to forecasts of 88. The current single-family sub-index dropped to 92 from 96 and the gauge for home sales over the next six months went down to 85 from 89. The prospective buyers sub-index went down to 73 from 77. “Housing demand is strong entering 2021, however the coming year will see housing affordability challenges as inventory remains low and construction costs are rising,” said NAHB Chairman Chuck Fowke. source: National Association of Home Builders
Nahb Housing Market Index in the United States averaged 51.18 from 1985 until 2020, reaching an all time high of 90 in November of 2020 and a record low of 8 in January of 2009. This page provides the latest reported value for - United States Nahb Housing Market Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. United States Nahb Housing Market Index - data, historical chart, forecasts and calendar of releases - was last updated on December of 2020.
Nahb Housing Market Index in the United States is expected to be 88.00 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Nahb Housing Market Index in the United States to stand at 70.00 in 12 months time. In the long-term, the United States Nahb Housing Market Index is projected to trend around 75.00 in 2021 and 63.00 in 2022, according to our econometric models.