The NAHB/Wells Fargo Housing Market Index for June got a fresh impetus higher to 58 in June after 37 in May. The index hasn’t yet retraced the decline from the near-term peak of 76 in December 2019. However, low mortgage rates are tempting out qualified buyers and renewed opportunities to shop for a home in person have improved.
Disclaimer: Whetstone Analysis provides commentary as a service to its subscribers. Whetstone Analysis is not responsible for, and expressly disclaims all liability for, damages of any kind arising out of use, reference to, or reliance on any information contained within the site. While the information contained within the site is periodically updated and every effort is made to ensure its accuracy, no guarantee is given that the information provided in this Web site is correct, complete, and up-to-date. Click here to read our full Disclaimer.