US NAHB housing market index for February 42 versus 47 estimate

• Prior month 47
• NAHB housing market index 42 versus 47 estimate
• Present single-family house gross sales 46 versus 50 in January (revised from 51)
• Index of potential consumers 29 versus revised 32 in January (was beforehand 33)
• Gross sales expectations within the subsequent six months plunged -13 factors to 46

The newest HMI survey additionally revealed that

• 26% of builders lower house costs in February, down from 30% in January and the bottom share since Could 2024.
• The common worth discount was 5% in February, the identical price because the earlier month.
• Using gross sales incentives was 59% in February, down from 61% in January.

This text was written by Emma Wang at www.ubaidahsan.com.



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