NAHB/Wells Fargo Housing Market Index
HMI came out at 17 vs. 22 in May. It is expected result of first home-buyer tax credit expiration. Nevertheless the U.S. housing is in a downward slope threatening the financial sector. All index components were down.
Chart 1. NAHB / Wells Fargo Housing Market Index
June 16th, 2010 at 8:34 am
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