(6/26/2012) Every day it seems there is another statistic released about the housing market. Whether the numbers are pointing to recovery or a deeper dive, the statistics come from a few key organizations. Who are these organizations behind housing statistics? They represent a wide variety of agencies from the private and public sector.
U.S. Department of Housing and Urban Development (HUD): Designed as the federal agency responsible for strengthening the housing market, this organization releases:
Quarterly publications that aggregate data on U.S. housing market conditions
Census Bureau: In addition to population and demographic stats, this bureau also releases information on housing statistics, including:
Quarterly reports on price indexes for new homes
Monthly sales estimates and inventories for new homes
Estimates of the total number of housing units
Monthly estimates of building permits, housing starts, and housing completions
Federal Housing Finance Agency: This agency is the regulator and conservator of Fannie Mae and Freddie Mac, and the regulator of the 12 federal home loan banks. It releases:
Reports on home prices nationwide and in specific states and metropolitan areas.
Monthly average mortgage rates
Freddie Mac: Formed by the federal government to stabilize the nation's residential mortgage markets and expand opportunities for homeownership and affordable rental housing. Provides:
Quarterly house price indexes
Weekly average mortgage commitment rates (calculated from Freddie Mac's weekly Primary Mortgage Market Survey)