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NAHB housing market Index for May 37 versus 34 estimate

  • Prior month 34
  • NAHB housing index rises 3 to 37 vs 34 estimate
  • Sales conditions rose by +3 to 40
  • Buyer Traffic was also up +3 to 25
  • Sales expectations rose +3 to 45.

Levels below the 50 level are still considered contractionary despite the gains on the month and values better than expectations.

This article was written by Greg Michalowski at investinglive.com.

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