Your assignment is quite simple: the class has selected these 7 key indicators below as the ones that can best predict the real estate market. You must interpret these 7 charts and tell me where the market is currently, and whether it is likely to go up or down in the next 12-18 months and what brought you to that conclusion.

Here are the 7 top indices the class thought were the best predictors of the real estate market (not necessarily in this order). You may or may not agree with these being the best, but they are the conscience of the class, so please use these for your Discussion #4 response.

1) Consumer Spending

2) Consumer Confidence

3) Unemployment

4) Mortgage Rates

5) Nahb Housing Market

6) Building Permits

7) Affordability Index

Please use these 7 indices to answer the Discussion Question.

THIS 2 sites will also help you answer the questions above !!!!' The bold and underlines is what needs to answer the questions.

https://tradingeconomics.com

https://inst-fs-iad-prod.inscloudgate.net/files/3ee4b94c-89f2-4fb6-a379-0ce300569e91/LA%20Area%20Monthly%20Indicator%20-%20April%202020.pdf?download=1&token=eyJ0eXAiOiJKV1QiLCJhbGciOiJIUzUxMiJ9.eyJpYXQiOjE2MjU0NjU1MjgsInVzZXJfaWQiOiI1Nzg2MDAwMDAwMDExNzA0OCIsInJlc291cmNlIjoiL2ZpbGVzLzNlZTRiOTRjLTg5ZjItNGZiNi1hMzc5LTBjZTMwMDU2OWU5MS9MQSUyMEFyZWElMjBNb250aGx5JTIwSW5kaWNhdG9yJTIwLSUyMEFwcmlsJTIwMjAyMC5wZGYiLCJqdGkiOiI5ZjY2YjE2NC1iYTUzLTQ0NzItOGI2ZS1jMDUzMWVmNGVmOTgiLCJob3N0IjoibGJjYy5pbnN0cnVjdHVyZS5jb20iLCJleHAiOjE2MjU1NTE5Mjh9.xPmb7QujfW8SZWWDUBCMHs5jStfYRn8-AbdsqXhoKXF5TXwym0ryIe6Zd8wy4iU7UNXtQFH41o0BbGL5iSRNgw