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NAHB US May housing index 45 vs 51 expected

NAHB US May housing index 45 vs 51 expected

News
Adam Button
15/05/2024 | 14:06 GMT
  • Home builder sentiment declines
  • Prior was 51
  • Current sales 51 vs 57
  • Sales over next six months 51 vs 60

The commentary from Home Depot was also concerning. Interest rates are biting into housing and the inventory of homes for sale is rising, particularly in the US south.

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