| Housing Market Index |
An index of over 300 home builders, it shows the demand for new homes. The index runs between 0 - 100, so a rating of 50 means that demand for new homes is average.
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This index is used in conjunction with the latest "housing starts" figure to forecast demand for new homes. The forecast is then used as an indicator of economic growth.
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Economic Indicators to Know - The economy has a large impact on the market, so investors should know how to interpret these eleven indicators. |
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Related Terms
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