Economic conditions provide the backdrop for real estate markets. Akin to watching the weather report, knowledge of current economic variables are required to develop a sense of demand and supply in housing markets. Add to that credit/mortgage conditions rounds out the information required to pursue property sales and acquisitions.
Sites for economic data
SELECTED CHARTS on US ECONOMY
source: tradingeconomics.com
source: tradingeconomics.com
source: tradingeconomics.com
source: tradingeconomics.com
FRED DATA SETS – Federal Reserve Bank of St Louis
<iframe style=”border: 1px solid #333333; overflow: hidden; width: 190px; height: 490px;” src=”//research.stlouisfed.org/fred-glance-widget.php” height=”240″ width=”320″ frameborder=”0″ scrolling=”no”></iframe>