2018 Economic Calendar
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Housing Market Index  
Released On 3/15/2018 10:00:00 AM For Mar, 2018
PriorPrior RevisedConsensusConsensus RangeActual
Housing Market Index72 71 72 70  to 73 70 

Home builders remain extremely optimistic but just a little less so in March, at an index score of 70 which is at Econoday's low estimate. The present sales component held steady at 77 though future sales slipped 2 points to 78 with traffic, which has been the swing component in recent months, down 3 points but still over 50 at a constructive 51. Composite data show all regions over 50 led by the West at 78 with the Northeast the lowest but still very respectable at 56. Today's data point to continued though perhaps to easing strength for the new home market, which are the expectations for tomorrow's housing starts and permits report.

Consensus Outlook
Home-builder confidence has been extremely strong with improvement in customer traffic an ongoing highlight. Assessments of current and future sales have been robust and have offered useful indications of gains for new home sales and permits. Econoday's March consensus calls for steady strength, at 72 for the housing market index which would be unchanged from February.

The National Association of Home Builders produces a housing market index based on a survey in which respondents from this organization are asked to rate the general economy and housing market conditions. The housing market index is a weighted average of separate diffusion indexes: present sales of new homes, sales of new homes expected in the next six months, and traffic of prospective buyers in new homes.  Why Investors Care

2018 Release Schedule
Released On: 1/172/153/154/165/156/187/178/159/1810/1611/1912/17
Release For: JanFebMarAprMayJunJulAugSepOctNovDec

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