US March NAHB housing market index 39 vs 42 expected

• Matches the low of 2024
• Prior was 42
• Single family 43 vs 46 prior
• Prospective buyers 24 vs 29 prior — lowest since November 2023
• Sales expectations 47 vs 46 prior

This index fell to 42 from 47 in February but there is some help on the way with falling mortgage rates.

Regionally:

• Northeast 47 versus 48 last month
• Midwest 38 versus 43 last month
• South 39 versus 42 last month
• West 34 versus 35 last month

This article was written by Adam Button at www.forexlive.com.