Last November while attending the National Association of Realtors convention in New Orleans I attended a seminar on ways to help forecast trends in the real estate market. The FHFA report shed a lot of light on housing affordability and the economics of buying vs. renting, inventory rates, and other things that impact the market. For those of you who love to look at numbers and data, this report is perfect for you. Although these reports can change month to month, it is important to look at the longer term results to get a clear picture on what is taking place in our market on a national level. As you will see, the Northeast has shown a much slower rate of growth.
FHFA Price Indicator