NAHB Housing Market Index is issued by US National Association of Home Builders. It is based on a monthly survey of 140 000 association members. The survey offers respondents to evaluate market conditions for new home sales at the current moment and in the next six months, as well as prospective buyer traffic for new homes.
The indicator is closely correlated with Home Starts.
The value above 50 means that most association members believe the sales conditions are positive.