USA: NAHB real estate index falls again. The NAHB home market index fell 2 points to 67 points, the National Association of Home Builders said in Washington on Wednesday. Economists had expected this decline.
The indicator has thus reached its lowest level since June 2020. Rising inflation and higher mortgage rates weighed on the market.
The NAHB Index is a mood barometer from the national organization of housing companies. The current situation and expectations of the industry are queried in a monthly survey.
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