Back to signals
Product readyHousing Cycle
Composite view of starts, permits, supply pressure, completions, house prices, sales activity, and mortgage-rate sensitivity.
Current reading
How scores workThis weak positive reading indicates that the housing signal is improving as of September 24, 2026.
Signal history
See how the normalized reading changed over time.
Strongest drivers
Monthly Supply of New HousesSupporting1.00
Housing CompletionsDragging-1.00
New One-Family Houses SoldSupporting1.00
Housing StartsSupporting0.83
30-Year Fixed Mortgage RateDragging-0.48
Evidence preview
Full EvidenceWTI Crude 1M Forward71 observations · Sample period not availableAbout 1 month forward · Aligned count not available · 51% hit rate
Early evidence10Y Yield 1M Forward69 observations · Sample period not availableAbout 1 month forward · Aligned count not available · 55% hit rate
Promising alignment2Y Yield 1M Forward69 observations · Sample period not availableAbout 1 month forward · Aligned count not available · 49% hit rate
Early evidenceSources
Housing StartsU.S. Census Bureau via FRED
Building PermitsU.S. Census Bureau via FRED
Monthly Supply of New HousesU.S. Census Bureau via FRED
FHFA All-Transactions House Price IndexFederal Housing Finance Agency via FRED
Housing CompletionsU.S. Census Bureau via FRED
30-Year Fixed Mortgage RateFreddie Mac via FRED
S&P/Case-Shiller U.S. National Home Price IndexS&P Dow Jones Indices via FRED
Existing Home SalesNational Association of Realtors via FRED
New One-Family Houses SoldU.S. Census Bureau via FRED