Research theme

Housing

Tracks rate-sensitive housing demand, supply, completions, and prices.

Data through 2026-11-05

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Current state

Relevant public signals are stable (1).

Recent changes

No material change is available for this theme.

Supporting evidence

Source contributions that support relevant public signal readings.

Monthly Supply of New Houses

Supporting contribution

New One-Family Houses Sold

Supporting contribution

30-Year Fixed Mortgage Rate

Supporting contribution

Opposing evidence

Source contributions that pull against relevant public signal readings.

Housing Completions

Opposing contribution

Housing Starts

Opposing contribution

Existing Home Sales

Opposing contribution

Curated indicators

Three representative source series for this theme.

Housing Starts

Thousands of units

Leading cyclical housing activity indicator.

Latest value1,221 on 2026-09-01

U.S. Census Bureau via FRED This product uses the FRED API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

Building Permits

Thousands of units

Forward-looking housing construction authorization indicator.

Latest value1,400 on 2026-09-01

U.S. Census Bureau via FRED This product uses the FRED API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

30-Year Fixed Mortgage Rate

Percent

Rate-sensitive housing affordability pressure.

Latest value7.18 on 2026-11-05

Freddie Mac via FRED This product uses the FRED API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

Relevant public signals

Public signal readings selected for this theme.

Housing Cycle

Composite view of starts, permits, supply pressure, completions, house prices, sales activity, and mortgage-rate sensitivity.

Direction
Neutral
Score
0.04
Date
2026-11-05
Product readyOpen signal

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