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Housing Market Intelligence
No single indicator explains a housing market. These six, drawn from federal data and current as of each source's most recent release, are the ones CMN tracks. Every chart carries its publisher, its series, its frequency, and its known limitations. CMN provides the interpretation, and labels it as interpretation.
01 · Price
Median listing price across all six Southern California counties. The spread between the coastal counties and the Inland Empire is one measure of where demand is concentrated.
02 · Supply
Active listings and median days on market. When homes sit longer while prices hold flat, the market has usually moved before the price has.
03 · Affordability
Median household income read against median listing price. The distance between the two lines matters more than either line alone.
04 · CMN Calculation
How many years of a county's median household income it takes to buy its median home. Computed live from Census data. This is CMN's own measure, not a republished one.
05 · Cost of Capital
The 30 year fixed mortgage rate. Where the median home exceeds a million dollars, one point of rate moves the monthly payment more than most negotiated price reductions.
06 · Local Economy
County unemployment. Employment is what qualifies a buyer for a loan and what keeps an existing owner in the house.
Charts retrieved live from FRED, Federal Reserve Bank of St. Louis. Publishers: Realtor.com, U.S. Census Bureau, Freddie Mac, U.S. Bureau of Labor Statistics. Affordability Ratio calculated by CMN Realty Group from Census data. Full sources, series identifiers, and limitations accompany every chart on the dashboard.
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