US June NAHB housing market index 64 vs 67 expected – cyprosoftware

Falling interest rates since December have clearly helped but home builders aren’t exactly thrilled with their prospects either.

The report said the NAHB/Wells Fargo Housing Market Index dropped to 64 in July from a revised 66 in June. Economists had expected the index to hold at the 67 originally reported for the previous.

US housing starts dropped 0.9 percent from a month earlier to a seasonally adjusted annual rate of 1,253 thousand units in June 2019, compared to market expectations of 1,261 thousand and following a revised 0.4 percent fall in May. Multi-family homebuilding plunged 9.2 percent while construction of single-family housing units increased 3.5 percent.

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Continue Reading Below The National Association of Home Builders housing market index fell to 64 this month from an unrevised level of 66 in May, the trade group said Monday. Economists surveyed by.

The nahb housing market index fell to 45.00 in May, versus economists’ estimates of a reading of 49.00. Supplies of natural gas increased 105 billion cubic feet for the week ended May 9, the US Energy.

 · 18 June 2019 Page 1 Events Round-Up NZ: Performance of services, May: 53.6 vs. 52.0 round of voting to determine the new PM. Boris Johnson prev. US: empire manufacturing, Jun: -8.6 vs. 11.0 exp. US: NAHB housing market index, Jun: 64 vs. 67 exp. Good Morning It has been a quiet start to an action-packed week, with

In the US, the NY Empire State Manufacturing Index for June, disappointed with -8.6 in June vs. the previous 17.8 and the expected 10.0, while the NAHB Housing Market Index for the same month resulted.

The National Association of Home Builders (NAHB) Housing Market Index (HMI) rates the relative level of current and future single-family home sales. The data is compiled from a survey of around.

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The NAHB, Wells Fargo housing market index fell 2 points to 64. June, which marked the lowest reading since November 2016. Economists, on average, expected the index to increase to 68 from the 67.

The NAHB Housing Market Index for May came in at 58 from an unrevised 58 in April while the consensus expected the reading to come in at 59.0. Tomorrow’s economic data will include April.

Today we will also see the release of Q1 House Price Index. June vs. the previous 17.8 and the expected 10.0. We also saw the release of the NAHB Housing Market Index for the same month which.