US November Homebuilder Index Records Weak Reading at 38
The National Association of Home Builders (NAHB) reports the index remains low, signaling ongoing softness in the housing construction sector.
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Terms & Concepts
Homebuilder Index: A monthly measure of home construction market sentiment, produced by the National Association of Home Builders (NAHB).
National Association of Home Builders (NAHB): A US trade association representing the home construction industry, which publishes the homebuilder sentiment index.