US housing market data from NAHB
- Prior was 84
- Future single family sales 83 vs 80 prior
- Present single family sales 87 vs 90 prior
- Prospective buyers traffic 72 vs 72 prior
Rising interest rates and lumber costs have been a headwind in the past few months but this survey remains at a very healthy level. The NAHB highlights that the elevated price of lumber is adding $24,000 to the price of a new home.
