Tag Archives: Multi-Indicator Market Index

Multiple market indicators show solid strong stabilization within housing in June, mostly due to employment and current mortgages, according to Freddie Mac's Multi-Indicator Market Index. Housing markets are the strongest they have been since 2008, with the national MiMi surpassing 80 in June. Freddie Mac attributes most of this positive growth to a surge in jobs and mortgages that are kept current in nearly all metros.

More than half of the states plus the District of Columbia, along with more than a third of the nation's largest metro areas, were categorized as in the "stable" range in April on the strength of a healthy spring homebuying season, according to Freddie Mac's April 2015 Multi-Indicator Market Index (MiMi) released Wednesday.

The Multi-Indicator Market Index (MiMi) released monthly by Freddie Mac, revealed today that the housing market is continuing to stabilize with the most improving metro markets seeing stronger demand for home sales for the spring homebuying season.

The most improved states in the last three months were Oregon, Michigan, Florida, California and Kentucky, with Oregon jumping more than 2 percent. And on a year-over-year basis, Nevada, Colorado, Florida, Oregon and Rhode Island saw the biggest increases. In fact, since this time last year, MiMi values for Nevada have improved more than 11 percent.

The latest Multi-Indicator Market Index (MiMi) from Freddie Mac, released Wednesday, showed that the U.S. housing market showed continued stabilization for the fourth straight month in December. According to the latest MiMi, 38 states plus the District of Columbia and 40 out of 50 metros showed an improving three-month trend in December. The metro areas of Buffalo, Boston, and Nashville, all entered their "benchmark stable" ranges of housing activity.

Freddie Mac's monthly Multi-Indicator Market Index (MiMi) improved 0.35 percent month-over-month in November to a reading of 74.7, the company reported Wednesday. A reading between 80 and 120 is considered to be a sign of a stable market.

Freddie Mac's latest Multi-Indicator Market Index (MiMi) report finds the U.S. market weak but stabilizing at year's end. The index, released Tuesday, shows that 70 markets are inching upwards, including San Jose and Pittsburgh, which have finally joined the forward momentum.

Freddie Mac released last week its latest Multi-Indicator Market Index (MiMi), revealing a 0.5 percent uptick in September to a reading of 74.4 after months of slight declines. The most recent improvement puts the index a few points short of the lower threshold for a market considered to be in "stable" territory.

Freddie Mac's Multi-Indicator Market Index (MiMi) slipped 0.19 percent from July to a reading of 73.3 in August, the company reported. With the drop, the index's three-month measure showed a 0.47 percent decline. Despite August's headline decline, analysts at Freddie Mac say the MiMi is showing promising trends, especially at the local level.

Freddie Mac's Multi-Indicator Market Index (MiMi) fell back nearly half a percentage point to 73.4 in its latest reading, the company reported earlier this week. According to the company, the decline "appear[ed] to be broad-based, and not concentrated in a handful of state or metro markets." As of the latest reading, Freddie Mac says the index is up 22.7 percent from its all-time low in 2011.