So what will it be the index score be from the National Association of Home Builders which will be released at 10:00 a.m. PST today? A score of 50 means positive sentiment about the market. The economic propeller heads on Wall Street are predicting the scoring will be around 30, which is statistically equivalent to the English word: "shitty".
There you have it. The housing market in the United States of America is hereby predicted to be "shitty".
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The reading of 28 marked the lowest point in the index since February 1991.
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