LIVE FEED
AVG RENT GROWTH+3.8% YoY+0.2%/CAP RATE (NATAVG)5.15%+12bps/10Y TREASURY4.42%-8bps/MULTIFAMILY STARTS328K-6.1%/ABSORPTION RATE92.4%+1.2%/EMPLOYMENT GROWTH+1.9%+0.1%/CPI SHELTER+5.1%-0.4%/NATIONAL VACANCY5.2%-0.3%/AVG RENT GROWTH+3.8% YoY+0.2%/CAP RATE (NATAVG)5.15%+12bps/10Y TREASURY4.42%-8bps/MULTIFAMILY STARTS328K-6.1%/ABSORPTION RATE92.4%+1.2%/EMPLOYMENT GROWTH+1.9%+0.1%/CPI SHELTER+5.1%-0.4%/NATIONAL VACANCY5.2%-0.3%/

Market Indices

Housing-Economy Indices

Public-market proxies for the forces moving the housing economy — tracked across home builders, home improvement, lenders, and brokerages.

Home Builders

6/9 advancing

+0.59%

CATEGORY AVG

SYMBOLPRICECHG
PHMPulteGroup
$118.75-0.6%
DHID.R. Horton
$152.40+1.8%
LENLennar
$138.10+1.2%
TMHCTaylor Morrison
$62.00+0.9%
KBHKB Home
$78.00-0.4%
TOLToll Brothers
$134.20+2.1%
LGIHLGI Homes
$95.00-1.2%
CCSCentury Communities
$85.00+0.6%
NVRNVR, Inc.
$7850.00+0.9%

Home Improvement

4/5 advancing

+0.22%

CATEGORY AVG

SYMBOLPRICECHG
HDHome Depot
$392.50+0.4%
LOWLowe's
$248.30+0.7%
FNDFloor & Decor
$96.80-1.1%
FASTFastenal
$79.40+0.5%
BLDRBuilders FirstSource
$140.00+0.6%

Lenders

6/7 advancing

+0.54%

CATEGORY AVG

SYMBOLPRICECHG
PFSIPennyMac Financial
$104.60+0.8%
LFTLument Finance Trust
$2.40+0.0%
ABRArbor Realty Trust
$13.50+0.4%
WFCWells Fargo
$75.00+0.4%
FBRTFranklin BSP Realty Trust
$12.50+0.2%
FNMAFannie Mae
$8.00+1.0%
FMCCFreddie Mac
$6.00+1.0%

Brokerages

4/7 advancing

+0.44%

CATEGORY AVG

SYMBOLPRICECHG
CBRECBRE Group
$128.90+0.5%
JLLJones Lang LaSalle
$265.40-0.3%
COMPCompass
$6.80+3.2%
EXPIeXp World Holdings
$11.25-0.9%
CWKCushman & Wakefield
$11.50+0.3%
MMIMarcus & Millichap
$33.00-0.5%
WDWalker & Dunlop
$90.00+0.8%

Commercial Real Estate Services

4/5 advancing

+0.44%

CATEGORY AVG

SYMBOLPRICECHG
CBRECBRE Group
$128.90+0.5%
JLLJones Lang LaSalle
$265.40-0.3%
CWKCushman & Wakefield
$11.50+0.3%
CIGIColliers International
$145.00+0.6%
NMRKNewmark Group
$13.20+1.1%

Residential REITs and Operators

3/4 advancing

+0.35%

CATEGORY AVG

SYMBOLPRICECHG
EQREquity Residential
$70.50+0.4%
CPTCamden Property Trust
$115.20-0.2%
ESSEssex Property Trust
$290.40+0.7%
AVBAvalonBay Communities
$215.80+0.5%

Showing reference values — live quotes resume when the data feed is reachable

Macro · Broad Market

The Buffett Indicator

Total US stock-market capitalization measured against GDP — the metric Warren Buffett once called the best single gauge of where overall valuations stand. It frames the macro backdrop the whole real-estate cycle plays out inside.

239%

Significantly Overvalued

~2σ ABOVE TREND · NEAR RECORD HIGHS

The ratio divides the combined value of all US public companies by the size of the economy. Around 100% is broadly “fair”; readings past ~150% have historically marked stretched, late-cycle markets.

At ~239%, the broad market is richly priced versus output — a backdrop that tends to compress forward returns and sharpen the hunt for yield, including into real assets. It is a context gauge, not a timing trigger.

239%
50%UNDERFAIRELEVATEDOVER250%

As of June 2026 · total market cap ÷ GDP (Wilshire 5000 basis). Sources: GuruFocus, MacroMicro, Current Market Valuation. Updated periodically — structural caveats apply (US firms’ foreign revenue and the rate regime both shift “fair” levels). Educational, not investment advice.