August 16th, 2010 by Belisarius
HMI for July came out at 13 vs. 14 in July. Consensus was at 15. All components edged lower except traffic of perspective buyers which remained unchanged.
Chart 1. NAHB / Wells Fargo Housing Market Index

Source: NAHB/ Wells Fargo HMI
NAHB/Wells Fargo Housing Market Index
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