NAHB reports home builders confidence at 10 year high | Mt Kisco Real Estate

The National Association of Home Builders’ housing market index increased for the second straight month by 1 point to 62 in September of 2015. It is the highest figure since October of 2005, boosted by an increase in buyer traffic and current sales while the gauge for sales over the next 6 months decreased. Nahb Housing Market Index in the United States averaged 48.63 from 1985 until 2015, reaching an all time high of 78 in December of 1998 and a record low of 8 in January of 2009. Nahb Housing Market Index in the United States is reported by the National Association of Home Builders.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	62.00	61.00	78.00	8.00	1985 – 2015		Monthly	SA

NAHB/Wells Fargo Housing Market Index (HMI) is based on a monthly survey of home builders. They are asked to rate current sales of single-family homes and sales expectations for the next six months and to rate traffic of prospective buyers. Scores for responses to each component are used to calculate a seasonally adjusted overall index, where a number over 50 indicates more builders view sales conditions as good than poor. 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. Content for – United States Nahb Housing Market Index – was last refreshed on Wednesday, September 16, 2015.

Calendar	GMT	Reference	Actual	Previous	Consensus	Forecast
2015-07-16	03:00 PM	Jul	60	60(R)	60	57.76
2015-08-17	03:00 PM	Aug	61	60	61	59.26
2015-09-16	03:00 PM	Sep	62	61	61	61.40
2015-10-16	03:00 PM	Oct		62		61.69
2015-11-18	03:00 PM	Nov				62.17
2015-12-15	03:00 PM	Dec				62.06

United States Housing	Last	Previous	Highest	Lowest	Unit
Housing Index	0.20	0.50	1.42	-1.72	percent	[+]
Building Permits	1130.00	1337.00	2419.00	513.00	Thousand	[+]
Housing Starts	1206.00	1204.00	2494.00	478.00	Thousand	[+]
New Home Sales	507.00	481.00	1389.00	270.00	Thousand	[+]
Pending Home Sales	7.40	8.20	30.00	-24.50	percent	[+]
Existing Home Sales	5590.00	5480.00	7250.00	1370.00	Thousand	[+]
Construction Spending	0.70	0.10	5.90	-4.80	percent	[+]
Nahb Housing Market Index	62.00	61.00	78.00	8.00		[+]
Mortgage Rate	4.09	4.10	10.56	3.47	percent	[+]
Mortgage Applications	-7.00	-6.20	49.10	-38.80	percent	[+]
Case Shiller Home Price Index	180.88	177.08	206.52	100.00	Index Points	[+]
Home Ownership Rate	63.40	63.70	69.20	62.90	percent	[+]