National Housing Market Summary
Quarterly Key Indicators
Note: Change From Prior Period May Be Shown As a Percent Change or a Percentage-Point Change
Indicator |
Current Quarter |
Previous Quarter |
Year-Ago Quarter |
Previous Quarter |
Year-Ago Quarter |
Quarter as-of Date |
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SA = seasonally adjusted.
Note: Components may not add to totals because of rounding. * The median rental price underlying this estimate was affected by the same pandemic-induced survey issues influencing the homeownership and vacancy rates (see Homeownership and Housing Vacancy section). ** The share of previous-quarter shipments sold for residential use within four months of being shipped. *** Commitment (advertised) rates on the 5-Yr ARM are now reported in place of rates on the 1-Yr ARM. Freddie Mac discontinued surveying lenders on the 1-Yr ARM as of January 2016. **** FHA market share estimates are based on new methodology beginning with the Q3 2013 report; estimates were revised back through Q1 2011. See the FHA Market Share report on their website for an explanation of the new methodology: https://www.hud.gov/program_offices/housing/rmra/oe/rpts/fhamktsh/fhamktqtrly. ***** FHA mortgage applications and endorsements data have been revised to exclude Home Equity Conversion Mortgages (HECM) beginning with the Q3 2013 release. ****** The Q2 and Q3 2020 data on homeownership and vacancy rates, housing stock, and households should be viewed with caution. The data are based on the BLS Current Population Survey/Housing Vacancy Survey conducted by the Census Bureau and represent a break in the series because the surveys were conducted under COVID-19 restrictions that prevented normal data collection procedures. In-person interviews were suspended on March 20, 2020 and the Q2 survey was conducted solely by telephone interviews, resulting in a much lower survey response rate. In-person interviews were incrementally added back for the Q3 survey with 39 percent added in July, 50 percent in August, and 100 percent in September. See https://www.census.gov/housing/hvs/files/qtr320/source_20q3.pdf. |