The Economy
INDICATOR   STAT GRADE
CLICK INDICATOR FOR ANALYSIS
Real GDP 2.2% C-
>Leading Economic Indicators 106.40 A+
-6 Month Change 5.2% A+
-Number of indicators up 8 B+
>Inflation 2.7% A
-Consumer Price Index 2.7% B
-Core CPI 1.8% A
-Employment Cost Index 1.5% A+
-Implicit Price Deflator 0.5% A
>Mortgage Rates 5.01% A+
-Freddie Mac 5.01% A+
-HSH.com 5.50% A+
Consumer Confidence 55.9 F
Housing Market Index 15 F
Personal Income Growth Rate (0.3%) D-
Existing Home Market
INDICATOR   STAT GRADE
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> Existing Home Prices $178,300 F
-Median $178,300 F
-Appreciation Rate, Real 1.5% F
>Existing Home Sales Volume 5,450,000 A-
-1 year % change 15.0% A-
-% of Households 4.3% A-
Months of Inventory 7.2 C-
>Purchase Mortgage Applications 223.0 F
-% Change over last year (24.22%) F
> Affordability Ratio 64.6% A+
-fixed mortgage rates 64.6%
-adjustable mortgage rates 66.6%
Housing Supply
INDICATOR   STAT GRADE
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> Total Building Permits 653,000 F
> -Single-Family Permits 508,000 F
-Multifamily (5+) Permits 127,000 F
> Total Housing Starts 557,000 F
-Single-Family 456,000 F
-Multifamily (5+) 92,000 F
> Manufactured Housing Placements 51,000 F
-% of Households 0.04% F
-1 year % change -32.0% F
Housing Growth Ratio 1.9 F
> Housing Vacancies 11.1%/2.6% F
-Rental Units 11.1% F
-Homeowner Units 2.6% F
Housing Demand
INDICATOR   STAT GRADE
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Employment 131,821,000 D-
-1 year Growth -4,096,000 F
-Growth Rate -3.01% F
Unemployment Rate 10.0% F
Population 307,006,550 D
- 1 year Growth 2,631,704 D
- Growth Rate 1.0% D
Households 116,783,000 D
- 1 year Growth 772,000 D
- Growth Rate 0.7% D
Homeownership Rate 67.6% A+
Household Income $50,233 C
-median $50,233 C
- 1 year Change 1.3% C
Employment/Permit Ratio (6.27) F
Demand/Supply Ratio (5.46) F
New Home Market
INDICATOR   STAT GRADE
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> New Home Prices $221,300 F
-Median $221,300 F
-Nominal (3.6%) F
> New Home Sales Volume 342,000 D
-1 year % change (7.6%) D
-% of Households 0.28% F
> Months of New Home Inventory 8.1 F
-Completed 3.4 F
-Under Construction 3.5 C-
-Speculative (Compl. + U/C) 6.9 F
-Not Started 1.2 D+
> Affordability Ratio 55.7% A+
-fixed ratio 55.7% A+
-adjustable ratio 57.9% A+