Housing Chart Book

Demand and House Prices

The National Association of Home Builders (NAHB) releases its Housing Market Index monthly to record builder sentiment on the demand side of the single-family housing market. The index is frequently used in assessments of housing market conditions. It is derived from a survey of builders who rate the market based on sales and expectations.

Source and Data Release: https://www.nahb.org/en/research/housing-economics/housing-indexes/housing-market-index.aspx

The National Association of Realtors releases updated numbers on housing affordability monthly. The measure is an index in which the value of 100 means a family has exactly enough income to quality for a mortgage on a median-priced home. Measures above 100 mean that a family has more than enough income to qualify. Since the housing bubble, home affordability has been high, a positive sign for a recovery in demand.

Source: http://research.stlouisfed.org/fred2/series/COMPHAI

Data Release: http://www.realtor.org/topics/housing-affordability-index

 

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