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What is the NAHB-Wells Fargo Housing Market Index (HMI)?

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What is the NAHB-Wells Fargo Housing Market Index (HMI)?

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The NAHB-Wells Fargo Housing Market Index (HMI) is based on a monthly survey of NAHB members designed to take the pulse of the housing industry, especially the single-family industry. The survey asks respondents to rate general economic and housing market conditions. For more details, visit www.nahb.org/HMI.

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