The Puget Sound Housing Market Index is a quarterly measure of residential real estate activity in the region.
The index is composed of three indicators: home sales, time on the market, and the average closed sales price (relative to the consumer price index). The composite index is designed to rise or fall as the housing market improves or deteriorates.
The housing market index is supported by three other composite indexes: the housing demand index, the housing supply index, and the housing affordability index. Whereas the housing market index portrays current conditions in the residential real estate market, the supporting indexes help to explain the market’s performance.
Download Housing Market Index to obtain a recent graphical analysis of the regional housing market.