NAHB/Wells Fargo Housing Market Index

HMI came out at 17 vs. 22 in May. It is expected result of first home-buyer tax credit expiration. Nevertheless the U.S. housing is in a downward slope threatening the financial sector. All index components were down.

Chart 1. NAHB / Wells Fargo Housing Market Index

Source: NAHB/ Wells Fargo HMI

This entry was posted on Wednesday, June 16th, 2010 at 3:53 am and is filed under U.S. Housing. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

One Response to “NAHB/Wells Fargo Housing Market Index”

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