Provide accurate and timely metrics for the housing market. These include: Mortgage Risk/Leverage • Particular attention is paid to agency first-time buyer volume and risk •House price appreciation trends Housing sales New and existing sales whether institutionally financed, cash, or other-financed Months’ inventory The housing market is influenced by many different levers. Measuring and evaluating with the right metrics provides a clearer understanding of market trends.AEI HMI adds geography and price points to the broad set of metrics: Geography: national, state, and selected metros • House prices down to the census tract level • Price points: low, low-medium, medium-high, and high price tiers • Price tiers are defined based on the availability of leverage for borrowers at the metro level.Expanded Housing Market Indicators use and connect many different datasets: • HMDA • Public Records Data • National Mortgage Risk Index (agency MBS data) • CoreLogic’s LLMA and Black Knight’s McDash (servicer data) • Fannie Mae’s Loan Performance data and Freddie Mac’s Loan-Level Data (acquisition data) • FHA Snapshot data (endorsement data) • Data from Zillow on existing home sales and unique listings