NAHB Table 031516Homebuilder sentiment for the month of March was unchanged versus expectations for a slight improvement.  While economists were forecasting the headline reading to come in at 59, the actual level was 58.  The table to the right breaks down this month’s report by Present and Future Sales, Traffic, and region.  While Present Sales were unchanged, Future Sales declined by 3 and traffic increased.  In terms of the regional breakdown, sentiment levels saw little in the way of major movement.  All in all, there wasn’t much notable data in this month’s report.

NAHB Charts 031516

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