NAHB Index
Commentary from BNP Paribas
ECO - The NAHB disappointed the market by falling further in August, to 13 from 14 in July, instead of rebounding. The indices for current and
future sales both declined while the index of buyer traffic held at 10.
The reading is the lowest since March 2009 and suggests some downside
risk to the expected rebound in July housing starts released tomorrow.
ECO - The NAHB disappointed the market by falling further in August, to 13 from 14 in July, instead of rebounding. The indices for current and
future sales both declined while the index of buyer traffic held at 10.
The reading is the lowest since March 2009 and suggests some downside
risk to the expected rebound in July housing starts released tomorrow.
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© 2012 Created by Maulik Mody.
