NAHB Housing Market Index

NAHB Housing Market Index is released by the National Association of Home Builders. It presents home sales and expected home buildings in the future indicating housing market trend in the United States. The growth rate of the housing market affects the USD volatility. Normally, a high reading is seen as positive (or bullish) for the USD, whereas a low reading is seen as negative (or bearish).

Most recent - Friday 16 January 2026 15:00

Previous
39
Revised
-
Forecast
40
Actual
37

Lower numbers than forecast tend to be bullish for xxx/USD pairs and bearish for USD/xxx pairs.

Trading range

Forecast history

The most recent announced value for NAHB Housing Market Index was 37 against a forecast of 40.

Past events

Date
Forecast
Actual
Friday 16 January 2026 15:00
40
37
Monday 15 December 2025 15:00
38
39
Tuesday 18 November 2025 15:00
37
38
Thursday 16 October 2025 14:00
33
37
Tuesday 16 September 2025 14:00
33
32
Monday 18 August 2025 14:00
34
32
Thursday 17 July 2025 14:00
33
33
Tuesday 17 June 2025 14:00
36
32
Thursday 15 May 2025 14:00
40
34
Wednesday 16 April 2025 14:00
37
40
Monday 17 March 2025 14:00
42
39
Tuesday 18 February 2025 15:00
47
42
Thursday 16 January 2025 15:00
45
47
Tuesday 17 December 2024 15:00
47
46
Monday 18 November 2024 15:00
44
46
Thursday 17 October 2024 14:00
42
43
Tuesday 17 September 2024 14:00
40
41
Thursday 15 August 2024 14:00
43
39
Tuesday 16 July 2024 14:00
44
42
Wednesday 19 June 2024 14:00
45
43
Wednesday 15 May 2024 14:00
51
45
Monday 15 April 2024 14:00
51
51
Monday 18 March 2024 14:00
48
51
Thursday 15 February 2024 15:00
46
48
Wednesday 17 January 2024 15:00
39
44
Monday 18 December 2023 15:00
36
37
Thursday 16 November 2023 15:00
40
34
Tuesday 17 October 2023 14:00
44
40
Monday 18 September 2023 14:00
50
45
Tuesday 15 August 2023 14:00
56
50
Tuesday 18 July 2023 14:00
56
56
Monday 19 June 2023 14:00
51
55
Tuesday 16 May 2023 14:00
45
50
Monday 17 April 2023 14:00
44
45
Wednesday 15 March 2023 14:00
40
44
Wednesday 15 February 2023 15:00
37
42

Economic context

Recent economic data has been broadly neutral for USD. Other recent announcements which may affect the market's interpretation of the next NAHB Housing Market Index result:

PreviousLatest
Industrial Production (MoM)(no change)0.4%0.4%
Initial Jobless ClaimsBullish change207K198K
NY Empire State Manufacturing IndexBullish change-3.77.7
Philadelphia Fed Manufacturing SurveyBullish change-8.812.6
Existing Home Sales Change (MoM)Bullish change0.7%5.1%
Producer Price Index (MoM)Bullish change0.1%0.2%
Producer Price Index (YoY)Bullish change2.8%3%
Producer Price Index ex Food & Energy (MoM)Bearish change0.3%0%
Producer Price Index ex Food & Energy (YoY)Bullish change2.9%3%
Producer Price Index (MoM)Bearish change0.6%0.1%
Producer Price Index (YoY)Bearish change3%2.8%
Producer Price Index ex Food & Energy (MoM)Bearish change0.4%0.3%
Producer Price Index ex Food & Energy (YoY)(no change)2.9%2.9%
Retail Sales (MoM)Bullish change-0.1%0.6%
Retail Sales Control GroupBearish change0.6%0.4%
Retail Sales ex Autos (MoM)Bullish change0.2%0.5%
Monthly Budget StatementBullish change$-173B$-145B
New Home Sales Change (MoM)Bearish change3.8%-0.1%
New Home Sales Change (MoM)Bearish change11.3%3.8%
Consumer Price Index (MoM)(no change)0.3%0.3%
Consumer Price Index (YoY)(no change)2.7%2.7%
Consumer Price Index ex Food & Energy (MoM)(no change)0.2%0.2%
Consumer Price Index ex Food & Energy (YoY)(no change)2.6%2.6%
ADP Employment Change 4-week averageBullish change11K11.75K
Michigan Consumer Expectations IndexBullish change54.655
Michigan Consumer Sentiment IndexBullish change52.954
UoM 1-year Consumer Inflation Expectations(no change)4.2%4.2%
UoM 5-year Consumer Inflation ExpectationBullish change3.2%3.4%
Building Permits (MoM)Bearish change1.415M1.412M
Housing Starts (MoM)Bearish change1.306M1.246M
Average Hourly Earnings (MoM)Bullish change0.1%0.3%
Average Hourly Earnings (YoY)Bullish change3.6%3.8%
Building Permits (MoM)Bullish change1.33M1.415M
Housing Starts (MoM)Bullish change1.291M1.306M
Labor Force Participation RateBearish change62.5%62.4%
Nonfarm PayrollsBearish change56K50K
U6 Underemployment RateBearish change-5%13%
Unemployment RateBullish change4.6%4.4%
Initial Jobless ClaimsBearish change200K208K
Nonfarm ProductivityBullish change3.3%4.9%
Unit Labor CostsBearish change1%-1.9%
Challenger Job CutsBearish change71.321K35.553K
Factory Orders (MoM)Bearish change0.2%-1.3%
ISM Services Employment IndexBullish change48.952
ISM Services New Orders IndexBullish change52.957.9
ISM Services PMIBullish change52.654.4
ISM Services Prices PaidBearish change65.464.3
JOLTS Job OpeningsBearish change7.449M7.146M
ADP Employment ChangeBullish change-29K41K
S&P Global Composite PMIBearish change5352.7
ISM Manufacturing Employment IndexBullish change4444.9
ISM Manufacturing New Orders IndexBullish change47.447.7
ISM Manufacturing PMIBearish change48.247.9
ISM Manufacturing Prices Paid(no change)58.558.5

About NAHB Housing Market Index

Country:United States
Currency:USD
Source:National Association of Home Builders
Category:Housing Market
Frequency:Monthly
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