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I'm starting to get in the habit of checking several economic metrics periodically, rather than relying on the Feds assessment of housing, unemployment, along with GDP postings, which is actually garbage. GDP just tracks money spent - it isn't a good measure of growth if the $$ is spent in the wrong direction. Anyway, some metrics worth mentioning include:
U6 true unemployment rate which is ~ 15% right now (posted is U3 @ 7.whatever%)
Everyday Price Index
10-year yields
You could list 5-10 other things but I think you can follow the trend. First question is about my curiosity regarding what others check? And then second, how can you actually follow the housing market? I don't have a good way to do this besides mainstream media and I trust zero of that lol. Thanks!
U6 true unemployment rate which is ~ 15% right now (posted is U3 @ 7.whatever%)
Everyday Price Index
10-year yields
You could list 5-10 other things but I think you can follow the trend. First question is about my curiosity regarding what others check? And then second, how can you actually follow the housing market? I don't have a good way to do this besides mainstream media and I trust zero of that lol. Thanks!