US NAHB housing market index is unchanged at 62 in March, missed expectation of 63. NAHB noted that “builders report the market is stabilizing following the slowdown at the end of 2018 and they anticipate a solid spring home buying season”.
And, “in a healthy sign for the housing market, more builders are saying that lower price points are selling well, and this was reflected in the government’s new home sales report released last week.”
