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
Change From
Previous
Quarter
Change From
Year-Ago
Quarter
Current
Quarter
as-of Date

SA = seasonally adjusted.
NSA = not seasonally adjusted.
SAAR = seasonally adjusted annual rate.
r = revised.
s = statistically significant.
n = not statistically significant.
u = statistical significance unavailable.
Z = Suppressed for data quality reasons.
N/A = not available.
FHFA = Federal Housing Finance Agency.
ARM = adjustable-rate mortgage.
DQ = delinquent.
FC = foreclosure.
FHA = Federal Housing Administration.
VA = U.S. Department of Veterans Affairs.
PMI = private mortgage insurance.
GDP = Gross Domestic Product.
URE = usual residence elsewhere.

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 rental price will be revised when ACS data become available.

** The share of previous-quarter shipments sold (or leased) and placed for residential use four months after shipment. For shipments in the first quarter, for example: sales and placements (from January - May) for January shipments; (from February - June) for February shipments; and (from March - July) for March shipments are summed and divided by the total number of homes shipped in the first quarter to obtain the percentage of manufactured homes sold and placed four months after shipment.

*** 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 2020 - Q2 2021 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. In-person interviews were incrementally added back for the surveys from Q3 2020 through Q2 2021 with respective rates of 63, 94, 98 and 99 percent of the in-person interviews allowed. See https://www.census.gov/housing/hvs/files/qtr221/impact_coronavirus_21q2.pdf.

 

2020

2019

2018

2017

2016

2015

2014

2013