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
| SEP. 2024 | SEP. 2025 | JUN. 2026 FORECAST |
|---|---|---|
| 6.2% | 6.4% | 6.3% |
30-yr FRM: Freddie Mac®, Forecast: Veros
Unemployment Rate
| AUG. 2024 | AUG. 2025 | JUN. 2026 FORECAST |
|---|---|---|
| 4.2% | 4.3% | 4.5% |
Unemployment rate: Bureau of Labor Statistics, Forecast: Veros
Inflation Rate
| SEP. 2024 | SEP. 2025 | JUN. 2026 FORECAST |
|---|---|---|
| 2.4% | 3.0% | 2.5% |
Inflation: Bureau of Labor Statistics, Forecast: Veros
Hourly Earnings
| AUG. 2024 | AUG. 2025 |
|---|---|
| $35.23 | $36.53 |
Source: Bureau of Labor Statistics
Housing Inventory
| SEP. 2024 | SEP. 2025 |
|---|---|
| 1.36 Million | 1.55 Million |
Source: National Association of Realtors
Housing Starts
| AUG. 2024 | AUG. 2025 |
|---|---|
| 1.391 Million | 1.307 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.
Housing Market Hotness Index Oct 19, 2025
The U.S. Housing Market Hotness Index held steady at 92.0 for the week ending October 19, 2025, suggesting a market in limbo. Even with mortgage rates falling to the low-6% range and a rallying stock market, affordability and economic uncertainty continue to hold back buyers.
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Housing Market Hotness Index Oct 12, 2025
The U.S. Housing Market Hotness Index fell to 91.94 in early October 2025, reflecting ongoing weakness driven by a softening labor market and rising foreclosures. Although mortgage rates have eased slightly, affordability challenges persist as buyers remain cautious, and listings decline.
Housing Market Hotness Index Oct 05, 2025
The U.S. housing market remains sluggish, with the Hotness Index holding at 92.24 for the week ending October 5, 2025. Despite mortgage rates easing to 6.3%, high home prices and economic uncertainty continue to dampen buyer activity. San Francisco leads the nation’s hottest markets, fueled by the AI boom.
Housing Market Hotness Index Sep 28, 2025
The U.S. housing market continues to stagnate, with the Housing Market Hotness Index holding steady at 92.51 for late September 2025. Affordability challenges, a cooling labor market, and the “lock-in effect” are keeping both buyers and sellers on the sidelines.
Housing Market Hotness Index Sep 21, 2025
The U.S. housing market shows little movement despite mortgage rates easing, with the Hotness Index holding steady at 92.57. Buyers remain hesitant due to economic uncertainty, limited supply, and elevated home prices, while many sellers prefer to delist instead of cutting prices.
Housing Market Hotness Index Sep 14, 2025
The U.S. Housing Market Hotness Index inched up to 92.29 for the week ending September 14, 2025, from 91.18 the week before, showing only a slight pickup in activity. Mortgage rates have fallen to their lowest level in nearly a year, yet elevated home prices and a weakening labor market continue to weigh on buyer demand.