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 - Monday 18 May 2026 14:00

Previous
34
Revised
-
Forecast
35
Actual
37

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

Trading range

Forecast history

The most recent announced value for NAHB Housing Market Index was 37 against a forecast of 35.

Past events

Date
Forecast
Actual
Monday 18 May 2026 14:00
35
37
Wednesday 15 April 2026 14:00
37
34
Monday 16 March 2026 14:00
37
38
Tuesday 17 February 2026 15:00
38
36
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

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
Monthly Budget StatementBearish change$215B$-293B
Consumer Price Index (MoM)Bearish change0.6%0.5%
Consumer Price Index (YoY)Bullish change3.8%4.2%
Consumer Price Index ex Food & Energy (MoM)Bearish change0.4%0.2%
Consumer Price Index ex Food & Energy (YoY)Bullish change2.8%2.9%
Existing Home Sales Change (MoM)Bullish change0.7%3.2%
ADP Employment Change 4-week averageBearish change35.75K29K
Average Hourly Earnings (MoM)Bullish change0.2%0.3%
Average Hourly Earnings (YoY)Bearish change3.6%3.4%
Labor Force Participation Rate(no change)61.8%61.8%
Nonfarm PayrollsBearish change179K172K
U6 Underemployment RateBullish change8.2%8.1%
Unemployment Rate(no change)4.3%4.3%
Initial Jobless ClaimsBearish change212K225K
Nonfarm ProductivityBearish change0.8%0.3%
Unit Labor CostsBearish change2.3%1.8%
Challenger Job CutsBullish change83.387K97.006K
Factory Orders (MoM)Bullish change1.8%4.8%
ISM Services Employment IndexBearish change4847.9
ISM Services New Orders IndexBullish change53.557.3
ISM Services PMIBullish change53.654.5
ISM Services Prices PaidBullish change70.771.3
S&P Global Composite PMIBearish change51.751.5
ADP Employment ChangeBullish change105K122K
JOLTS Job OpeningsBullish change6.887M7.618M
ISM Manufacturing Employment IndexBullish change46.448.6
ISM Manufacturing New Orders IndexBullish change54.156.8
ISM Manufacturing PMIBullish change52.754
ISM Manufacturing Prices PaidBearish change84.682.1
Chicago PMIBullish change49.262.7
New Home Sales Change (MoM)Bearish change3.4%-6.2%
Core Personal Consumption Expenditures - Price Index (MoM)Bearish change0.3%0.2%
Core Personal Consumption Expenditures - Price Index (YoY)Bullish change3.2%3.3%
Core Personal Consumption Expenditures (QoQ)Bullish change4.3%4.4%
Durable Goods OrdersBullish change1.3%7.9%
Durable Goods Orders ex DefenseBullish change-0.3%8.1%
Durable Goods Orders ex Transportation(no change)1.1%1.1%
Gross Domestic Product AnnualizedBearish change2%1.6%
Gross Domestic Product Price IndexBearish change3.6%3.5%
Initial Jobless ClaimsBearish change210K215K
Nondefense Capital Goods Orders ex AircraftBearish change3.9%-1.1%
Personal Consumption Expenditures - Price Index (MoM)Bearish change0.7%0.4%
Personal Consumption Expenditures - Price Index (YoY)Bullish change3.5%3.8%
Personal Consumption Expenditures Prices (QoQ)(no change)4.5%4.5%
Personal Income (MoM)Bearish change0.5%0%
Personal SpendingBearish change1%0.5%

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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