59.00
As of 10:00:00 ET on
08/15/2013
Derived from a monthly
survey that NAHM has been conducting for more than 20 years, the NAHB/Wells
Fargo Housing Market Index gauges builder perceptions of current single-family
home sales and sales expectations for the next six months as “good”, “fair” or
“poor”. The survey also asks builders to
rate traffic of prospective buyers as high to very high, average or low to very
low. Scores from each component are then
used to calculate a seasonally adjusted index where any number over 50 indicates that more
builders view conditions as good than poor.
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