Switch to Desktop Site
 
 

Homebuilder blues: June's Housing Market Index numbers are in

(Read article summary)
Image

SoldAtTheTop

(Read caption) This chart shows the latest Housing Market Index (HMI), charted over the past twenty years, showing an overall improvement in June with the composite HMI index rising to 29.

About these ads

Today, the National Association of Home Builders (NAHB) released their latest Housing Market Index (HMI) showing an overall improvement in June with the composite HMI index rising to 29 while the "buyer traffic" index went flat at 23.

While all indicators have made notable increases as of late, it's important to note that conditions still remain distressed by historic standards though, the last few months results appears to indicate a major change in the builder sentiment.

Share