Investing.com - The National Association of Home Builders/Wells Fargo housing market index rose less-than-expected last month, official data showed on Tuesday.
In a report, NAHB said that NAHB Housing Market Index rose to 47, from 46 in the prior month whose figure was revised down from 47.
Analysts had expected NAHB Housing Market Index to rise to 50 last month.
In a report, NAHB said that NAHB Housing Market Index rose to 47, from 46 in the prior month whose figure was revised down from 47.
Analysts had expected NAHB Housing Market Index to rise to 50 last month.