logo
Share SHARE
FONT-SIZE Plus   Neg

U.S. Housing Market Index Shows Unexpected Drop In April

Homebuilder confidence in the U.S. has shown an unexpected deterioration in the month of April, according to a report released by the National Association of Home Builders, with the decrease marking the first drop in seven months.

The report showed that the NAHB/Wells Fargo Housing Market Index dropped to 25 in April from 28 in March. The decrease surprised economists, who had expected the index to edge up to 29.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Economic News

What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.

comments powered by Disqus
Follow RTT