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 16 March 2026 14:00

Previous
36
Revised
37
Forecast
37
Actual
38

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

Next event - Wednesday 15 April 2026 14:00

Previous
38
Forecast
38
Actual
-

The typical/expected market impact of this event is low.

The consensus forecast for NAHB Housing Market Index is 38. A higher value than forecast tends 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 38 against a forecast of 37.

Past events

Date
Forecast
Actual
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
Tuesday 16 May 2023 14:00
45
50
Monday 17 April 2023 14:00
44
45

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
Existing Home Sales Change (MoM)Bearish change2.7%-3.6%
Monthly Budget StatementBullish change$-308B$-164B
Factory Orders (MoM)(no change)0%0%
Michigan Consumer Expectations IndexBearish change51.746.1
Michigan Consumer Sentiment IndexBearish change53.347.6
UoM 1-year Consumer Inflation ExpectationsBullish change3.8%4.8%
UoM 5-year Consumer Inflation ExpectationBullish change3.2%3.4%
Consumer Price Index (MoM)Bullish change0.3%0.9%
Consumer Price Index (YoY)Bullish change2.4%3.3%
Consumer Price Index ex Food & Energy (MoM)(no change)0.2%0.2%
Consumer Price Index ex Food & Energy (YoY)Bullish change2.5%2.6%
Core Personal Consumption Expenditures - Price Index (MoM)(no change)0.4%0.4%
Core Personal Consumption Expenditures - Price Index (YoY)Bearish change3.1%3%
Core Personal Consumption Expenditures (QoQ)(no change)2.7%2.7%
Gross Domestic Product AnnualizedBearish change0.7%0.5%
Gross Domestic Product Price IndexBearish change3.8%3.7%
Initial Jobless ClaimsBearish change203K219K
Personal Consumption Expenditures - Price Index (MoM)Bullish change0.3%0.4%
Personal Consumption Expenditures - Price Index (YoY)(no change)2.8%2.8%
Personal Consumption Expenditures Prices (QoQ)(no change)2.9%2.9%
Personal Income (MoM)Bearish change0.4%-0.1%
Personal SpendingBullish change0.3%0.5%
Durable Goods OrdersBearish change-0.5%-1.4%
Durable Goods Orders ex DefenseBearish change0.2%-1.2%
Durable Goods Orders ex TransportationBullish change0.3%0.8%
Nondefense Capital Goods Orders ex AircraftBullish change-0.4%0.6%
ADP Employment Change 4-week averageBullish change15.25K26K
ISM Services Employment IndexBearish change51.845.2
ISM Services New Orders IndexBullish change58.660.6
ISM Services PMIBearish change56.154
ISM Services Prices PaidBullish change6370.7
S&P Global Composite PMIBearish change51.450.3
Average Hourly Earnings (MoM)Bearish change0.4%0.2%
Average Hourly Earnings (YoY)Bearish change3.8%3.5%
Labor Force Participation RateBearish change62%61.9%
Nonfarm PayrollsBullish change-133K178K
U6 Underemployment RateBullish change7.9%-8%
Unemployment RateBullish change4.4%4.3%
Initial Jobless ClaimsBullish change211K202K
Challenger Job CutsBullish change48.307K60.62K
ISM Manufacturing Employment IndexBearish change48.848.7
ISM Manufacturing New Orders IndexBearish change55.853.5
ISM Manufacturing PMIBullish change52.452.7
ISM Manufacturing Prices PaidBullish change70.578.3
Retail Sales (MoM)Bullish change-0.1%0.6%
Retail Sales Control GroupBullish change0.2%0.5%
Retail Sales ex Autos (MoM)Bullish change0%0.5%
ADP Employment ChangeBearish change66K62K
JOLTS Job OpeningsBearish change7.24M6.882M
Chicago PMIBearish change57.752.8
Housing Price Index (MoM)Bearish change0.3%0.1%

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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