NAHB Housing market index

The NAHB housing market index rose to 70 from 68 last month. It is also higher than the 67 estimate.

  • November index of current single-family home sales 77 versus 75 in October
  • November index of perspective buyers 50 versus 48 in October
  • November index of home sales over the next six months 77 versus 78 in October

The housing market data is just below the year high of 71.

In other housing news just released, the US 30 year fixed rate mortgages is higher at 3.95% in the November 16 week versus 3.90% prior week. This is according to Freddie Mac.