NAHB Housing Market Index

Measures Level of a diffusion index based on surveyed home builders;
Usual Effect Actual > Forecast = Good for currency;
FF Notes Above 50 indicates a favorable outlook on home sales, below indicates a negative outlook;
Derived Via Survey of about 900 home builders which asks respondents to rate the relative level of current and future single-family home sales;
Acro Expand National Association of Home Builders (NAHB);

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