Latest EOU adds new real estate and more historical trend data

BVWireIssue #89-2
February 10, 2010

In response to recent subscriber feedback, the Economic Outlook Update™ (EOU) has been enhanced with new data relating to the real estate market. Current (and future) editions of the quarterly EOU will now feature: real estate investment trust (REIT) returns reported by National Association of Real Estate Investment Trusts®; property index returns by the National Council of Real Estate Investment Fiduciaries; and current and forecasted figures from the National Association of Realtors®. The new data include:

  • Housing Affordability Index forecasts
  • 30-year fixed rate and 1-year adjustable mortgage forecasts
  • Home starts (single and multi-family), home sales and home price forecasts

To give appraisers and their clients a better perspective on historical trends, the EOU will also highlight current and historical VIX figures (a defined measure of S&P volatility), as well as current and historical Consumer Confidence Index and Consumer Sentiment Index figures.

Please let us know if you have any comments about this article or enhancements you would like to see.