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USHMC-National-QuarterlyCommentary

USHMC National

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National Housing Market Summary


Icon for 1st Quarter 2023 National Housing Market Summary

1st Quarter 2023 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.

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 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.

** As of November 2022, Freddie Mac no longer surveys lenders, but instead, bases its mortgage rate estimates on thousands of applications received from lenders and submitted to Freddie Mac when a borrower applies for a mortgage. In addition, Freddie Mac stopped publishing data on adjustable-rate mortgages (ARMs).

*** 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: http://portal.hud.gov/hudportal/HUD?src=/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.

***** GDP and related data are BEA's second estimate out of the three estimates they publish for a given quarter.

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4th Quarter 2022 National Housing Market Summary
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3rd Quarter 2022 National Housing Market Summary

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2nd Quarter 2022 National Housing Market Summary
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1st Quarter 2022 National Housing Market Summary

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4th Quarter 2021 National Housing Market Summary
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3rd Quarter 2021 National Housing Market Summary

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2nd Quarter 2021 National Housing Market Summary
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1st Quarter 2021 National Housing Market Summary

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4th Quarter 2020 National Housing Market Summary
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3rd Quarter 2020 National Housing Market Summary

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2nd Quarter 2020 National Housing Market Summary
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1st Quarter 2020 National Housing Market Summary

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4th Quarter 2019 National Housing Market Summary
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3rd Quarter 2019 National Housing Market Summary

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2nd Quarter 2019 National Housing Market Summary
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1st Quarter 2019 National Housing Market Summary

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4th Quarter 2018 National Housing Market Summary
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3rd Quarter 2018 National Housing Market Summary

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2nd Quarter 2018 National Housing Market Summary
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1st Quarter 2018 National Housing Market Summary

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4th Quarter 2017 National Housing Market Summary
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3rd Quarter 2017 National Housing Market Summary

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2nd Quarter 2017 National Housing Market Summary
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1st Quarter 2017 National Housing Market Summary

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4th Quarter 2016 National Housing Market Summary
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3rd Quarter 2016 National Housing Market Summary

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2nd Quarter 2016 National Housing Market Summary
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1st Quarter 2016 National Housing Market Summary

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4th Quarter 2015 National Housing Market Summary
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3rd Quarter 2015 National Housing Market Summary

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2nd Quarter 2015 National Housing Market Summary
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1st Quarter 2015 National Housing Market Summary

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4th Quarter 2014 National Housing Market Summary
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3rd Quarter 2014 National Housing Market Summary

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2nd Quarter 2014 National Housing Market Summary
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1st Quarter 2014 National Housing Market Summary

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4th Quarter 2013 National Housing Market Summary

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3rd Quarter 2013 National Housing Market Summary

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2nd Quarter 2013 National Housing Market Summary
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1st Quarter 2013 National Housing Market Summary