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US June NAHB housing market index 55 vs 51 expected

Prior was 50Current single family home sales versus 56 in Mayhome sales over next 6 months versus 57 in May index of prospective buyers versus 33 in MayIt's been clear for some time that US housing isn't going to roll over. That's put home builders in an enviable position and they're increasingly confident that high rates aren't going to lead to a US housing crash.The index level of 50 serves as a key indicator, distinguishing between economic expansion (above 50) and contraction (below 50). Unt... Read More

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June

Nahb

Housing

Market

Index

Expected

Forex

Posted: Jun 19 2023, 14:00

Author Name: forexlive

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