The Nahb Housing Market Index (Nahb/Wells Fargo Housing Market Index (HMI) is an index co -owned by the National Housing Architects Association (NAHB) and Wells Fargo, which aims to reflect the overall situation of the US housing market in the US housing market. Essence

The index is calculated based on NAHB's survey results of its members, and the third working day of each month is announced. The survey targets mainly include single -households and multiple residential builders. They evaluate the current sales status, sales expectations within the next six months, and buyer traffic. Score. Among them, more than 50 points means that the market conditions are better, and less than 50 points indicate that the market conditions are poor.

The release of HMI is of great significance for investors, economists and policy makers. First, it can provide investors with instant information in the housing market and help them develop investment strategies. Secondly, it can provide economists with data to study the housing market, and then predict the macroeconomic trend. Finally, policy makers can use HMI data to adjust the housing policy to meet market demand.

In short, the NAHB housing market index is one of the important indicators of the US housing market, which is of great significance for understanding the overall situation of the US economy and formulating corresponding investment and policy decisions. "