US Feb NAHB housing market index 42 vs 37 | Forexlive

• Highest reading since Sept
• Prior was 35
• Current sales 46 vs 40 prior
• Prospective buyers 29 vs 23 prior
• Next six months 48 vs 37 prior

This dovetails with the anecdotal reports of a pickup in buying interest since the turn of the year.If housing picks up again — and I think there’s a good chance it will — it presents the biggest challenge to the 5.25% Fed funds top.

The US dollar remains strong today in the wake of retail sales.