Economic Indicators

Indicators that provide signals about the current state and future direction of the economy and the housing market.

30-yr Fixed Rate Mortgage
APR. 2024 APR. 2025 DEC. 2025 FORECAST
7.0% 6.7% 6.6%

30-yr FRM: Freddie Mac, Forecast: Veros

Unemployment Rate
MAR. 2024 MAR. 2025 DEC. 2025 FORECAST
3.9% 4.2% 4.6%

Unemployment rate: Bureau of Labor Statistics, Forecast: Veros

Inflation Rate
MAR. 2024 MAR. 2025 DEC. 2025 FORECAST
3.5% 2.4% 2.4%

Inflation: Bureau of Labor Statistics, Forecast: Veros

Hourly Earnings
MAR. 2024 MAR. 2025
$34.67 $36.00

Source: Bureau of Labor Statistics

Housing Inventory
MAR. 2024 MAR. 2025
1.11 Million 1.33 Million

Source: National Association of Realtors

Housing Starts
MAR. 2024 MAR. 2025
1.299 Million 1.324 Million

Source: Census.gov

Housing Market Hotness Index

Discover housing market trends with the Market Hotness Index, a weekly metric utilizing proprietary data on housing activity, demand, and supply indicators across the top 100 U.S. counties.

  • The Market Hotness Index is formulated through a combination of proprietary data pertaining to housing activity and demand and supply indicators for the 100 most populous counties in the U.S.
  • The index is scheduled to be disseminated weekly and serves as a metric to identify markets gaining momentum or waning. A market exhibiting a score in the 95-105 range on this index is considered a stable market, with a score surpassing this range implying a hotter market, and a score below 95 indicating a cooling market.
Line chart image showing Housing Market Hotness Index Apr 20, 2025
Housing Market

Housing Market Hotness Index Apr 20, 2025

The Housing Market Hotness Index shows a stagnant market despite the spring season, as affordability challenges and economic uncertainty persist for buyers, leading to seller concessions in many areas, with notable regional variations in demand.
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Housing Market

Housing Market Hotness Index Mar 30, 2025

A slight rise in the Housing Market Hotness Index for the week ending March 30, 2025, belies continued subdued national housing market activity. Buyer challenges from high prices and rates, seller lock-in to low mortgages, and negative economic sentiment persist.
Housing Market

Housing Market Hotness Index Mar 09, 2025

Despite mortgage rates holding steady around 6.6% and lingering economic uncertainties, the Housing Market Hotness Index has climbed to 93.22, signaling a continued thaw from the winter slowdown. However, unlike previous years, the market remains somewhat subdued, with inventory increasing and properties lingering on the market longer.
Housing Market

Housing Market Hotness Index Mar 16, 2025

The Housing Market Hotness Index, while showing signs of activity, remains significantly below last year's levels, signaling a market still grappling with high mortgage rates and home prices. This, coupled with economic uncertainty and recession concerns, is keeping many buyers and sellers hesitant.
Housing Market

Housing Market Hotness Index Apr 13, 2025

The Housing Market Hotness Index for the week ending April 13, 2025, revealed a modest increase, yet signaled a spring selling season underperforming expectations compared to the previous year. Despite a slight rise in inventory and moderating price growth potentially benefiting buyers, persistent affordability challenges are likely contributing to buyer hesitancy.
Housing Market

Housing Market Hotness Index Apr 06, 2025

The Housing Market Hotness Index was flat, indicating a stagnant national housing market in early April 2025. The subdued activity is attributed to prevailing stagnant mortgage rates, flat home prices, increasing affordability concerns, and weakening consumer sentiment.
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