Housing Market Index

What Does Housing Market Index Mean?
An index of over 300 home builders, which shows the demand for new homes. The index runs from 0-100, so a rating of 50 would mean that demand for new homes was average.

Investopedia explains Housing Market Index
This index is used in conjunction with the latest "housing starts" figure to forecast demand for new homes. The forecast is then used as an indicator of economic growth.

Filed Under: Economics, Real Estate

Related Terms

Housing Starts
Housing Units
Investment Real Estate
Mortgage
National Association Of Mortgage Brokers - NAMB
PHLX Housing Sector Index - HGX
Property Derivative
Reverse Survivorship Bias
Tenement
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