> NAHB US May housing index 45 vs 51 expected

NAHB US May housing index 45 vs 51 expected

Home builder sentiment declines

Wednesday, 15/05/2024 | 14:06 GMT

Prior was 51
Current sales 51 vs 57
Sales over next six months 51 vs 60

The commentary from Home Depot was also concerning. Interest rates are biting into housing and the inventory of homes for sale is rising, particularly in the US south.

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