US Data: NAHB/Wells Fargo Housing Market Index - Summary>

Release for:           August 2018

Source: NAHB Builders' Economic Council (BEC)

Weighted average of three component indexes

                           2017:               2018:

                           Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug

Overall:                     67  64  68  69  74  72  71  70  68  70  68  68  67

Components:

 1-family Sales

  Present time               74  70  75  77  80  79  77  77  74  76  74  74  73

  Next 6 months              77  73  78  76  79  78  80  78  77  77  75  73  72

 Prospective Buyer

  Traffic                    48  47  48  50  58  54  54  51  51  51  50  51  49

Northeast                    49  50  49  61  53  60  55  54  55  56  58  56  47

Midwest                      65  60  65  65  76  69  70  64  63  67  64  63  58

South                        69  65  69  72  75  73  73  74  72  71  69  70  72

West                         77  79  76  77  84  83  76  77  76  75  76  74  74

Regional 3-mo Moving Averages

Northeast                    48  49  49  53  54  58  56  56  55  55  56  57  54

Midwest                      66  63  63  63  69  70  72  68  66  65  65  65  62

South                        67  66  68  69  72  73  74  73  73  72  71  70  70

West                         74  77  77  77  79  81  81  79  76  76  76  75  75

Weights: present time = .5920, next 6 months = .1358, traffic = .2722

Note: further details available at www.nahb.org

  ** MNI Washington Bureau (202) 371-2121 **

[TOPICS: MAUDA$,MAU3H$]