Real-time • FRED

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Macro conditions that determine deal outcomes are tracked in real time. Interest rate movements affect equity pricing and permanent debt terms. Construction cost indices influence per-unit budgets and change-order exposure. Labor market tightness impacts contractor bids and development timelines. Housing supply and vacancy data define the market case for new units.

Whether underwriting a LIHTC deal, sizing a construction loan, assessing rental demand, or shaping housing policy, these numbers move outcomes: the rate environment that prices tax credit equity, the CPI trajectory that determines rent restrictions’ viability, pipeline pressure signals from starts and permits data, and labor costs in contractor estimates.

Construction PPIs feed feasibility models, Treasury yields and mortgage spreads set permanent debt terms, SOFR for variable-rate exposure, and vacancy and homeownership rates anchor market studies. All sourced from FRED, the Federal Reserve’s public data repository, and updated on each series’ schedule. In affordable housing finance, assumptions are made months before closing, and the market rarely waits.

Screening tool only. Macro indicators shown here are for early-stage deal context and market orientation. They are not investment advice, underwriting inputs, or a substitute for current lender quotes, appraisals, or professional financial analysis.

FRED connected: Indicators: Last updated:
Inflation (CPI YoY)
FRED CPIAUCSL
Unemployment Rate
FRED UNRATE
10-Year Treasury
FRED DGS10
Housing Starts (SAAR)
FRED HOUST
Multifamily Starts
FRED HOUST5F
Building Permits
FRED PERMIT
Units Under Construction
FRED UNDCON5MUSA
Completions
FRED COMPU5MUSA

Data source: FRED, Federal Reserve Bank of St. Louis. Data refreshed daily via automated workflow.

Census snapshot

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Housing Construction Activity National · Census Bureau via FRED · Most recent monthly data
Construction Costs 6 indicators

Producer price indices and cost proxies that impact per-unit construction budgets and feasibility.

Housing Market 9 indicators

Starts, permits, prices, and affordability signals that shape pipeline and underwriting assumptions.

Financial & Interest Rates 6 indicators

Rates and spreads that move equity pricing, permanent debt terms, and bond execution costs.

Labor Market 6 indicators

Employment, earnings, and labor supply indicators relevant to labor cost pressure and demand.

Implementation notes: FRED data is fetched client-side via the FRED API “observations” endpoint. Some series update monthly or quarterly; charts show the most recent 5 years (or max available if shorter).

🏔 Colorado Regional Housing Predictions have moved to the Colorado Deep Dive — Market Trends page, where you can explore 2025 forecasts across all five Colorado regions: Denver Metro, Western Slope, Colorado Springs/Pueblo, Boulder/Northern Front Range, and Mountains.

Prediction Markets: Real Estate, Finance & Economic Outlook Polymarket

Live prediction market prices from Polymarket — crowd-consensus probabilities for economic outcomes that directly affect Colorado real estate, construction costs, and housing affordability. Prices reflect real-money positions and update continuously.

Not financial advice. Prediction market prices represent crowd consensus, not forecasts. Use alongside FRED data above for context on rate environment, inflation trajectory, and recession risk when assessing Colorado housing deals.
US Recession by 2026
Polymarket
Fed Holds in April
Polymarket
Most Likely Rate Cuts 2026
Polymarket
Inflation > 4% in 2026
Polymarket
GDP Growth 2026
Polymarket
US Median Home Value (Apr)
Polymarket · Parcl Labs

Colorado Real Estate & Affordability Impact

Denver Median Home (implied)
~1.35× national median
Monthly Payment (20% dn)
30yr @ current rate
Payment-to-Income
CO median: $87,600
Construction Cost Pressure
Inflation > 4% prob
Recession Risk
Deal pipeline impact

Federal Reserve & Interest Rates

Real Estate & Home Values

Recession Risk & Economic Growth

Employment & Labor Market

Data: Polymarket via Gamma API. Prices are real-money prediction market contracts — not polls or models. Updated on page load; click Refresh Polymarket to re-fetch. Home value markets resolve via Parcl Labs Sales Price Index.
Colorado context: Denver Metro typically trades at ~1.35× the national median home price. CO unemployment runs ~0.4 percentage points below the national rate. Front Range tech employment is the key marginal demand driver for metro housing.
Methodology & Data Sources

Data Sources by Section

  • Construction Costs — BLS Producer Price Indices via FRED: WPUFD49207 (Inputs to construction), WPUFD4111 (Construction materials — nonresidential building), PCU236200236200 (Nonresidential building construction), WPU10170503 (Steel reinforcing bar), WPU0811 (Lumber), PCU327310327310 (Ready-mix concrete), CES2000000008 (Construction hourly earnings), ECIALLCIV (Employment Cost Index)
  • Housing Market — Census Bureau / Census-HUD via FRED: HOUST (Total housing starts), HOUST5F (Multifamily 5+ unit starts), PERMIT (Total building permits), PERMIT5 (Multifamily permits), UNDCONTSA (Units under construction), COMPUTSA (Multifamily completions), CSUSHPISA (S&P/Case-Shiller HPI), MSPUS (Median sales price), RHORUSQ156N (Homeownership rate), RRVRUSQ156N (Rental vacancy rate)
  • Financial & Interest Rates — Federal Reserve / ICE via FRED: DGS10 (10-yr Treasury), DGS2 (2-yr Treasury), DFF (Fed Funds), SOFR (Secured Overnight Financing Rate), MORTGAGE30US (30-yr Fixed Mortgage), BAA10Y (Moody's Baa spread), T10Y2Y (Yield curve 10Y-2Y)
  • Labor Market — BLS via FRED: UNRATE (Unemployment rate), PAYEMS (Nonfarm payrolls), CIVPART (Labor force participation), CES0500000003 (Average hourly earnings), JTSJOL (JOLTS job openings), ICSA (Initial jobless claims), CPIAUCSL (CPI All Items), CUUR0000SAH1 (CPI Shelter)
  • Census SnapshotU.S. Census Bureau ACS 1-Year and 5-Year Estimates: DP02 (Social), DP03 (Economic), DP04 (Housing), DP05 (Demographic) profile tables. Select a geography using the Census Snapshot dropdown to link to the source data for that jurisdiction.

Methodology

All FRED series are fetched daily by a GitHub Actions workflow and stored in data/fred-data.json — no API key is required in the browser and no CORS issues occur. Charts show the most recent 84 months (7 years) or the maximum available history if shorter. Year-over-year changes are computed from the same-month prior year; for non-monthly series the nearest prior period is used.

The Predictive Modeling section uses illustrative probability distributions aligned with published GSE and independent forecaster consensus. Expert consensus incorporates: Fannie Mae Economic & Housing Outlook (monthly), Freddie Mac Quarterly Forecast, Federal Reserve Monetary Policy Reports (semiannual), NAR Economic Outlook, MBA Mortgage Finance Forecast, Zillow Research, Moody's Analytics, and CoreLogic market insights. These are not actual prediction-market contract prices.

The Historical Accuracy table tracks documented housing outcomes against the forecaster consensus probability at the start of each year. Realized outcomes are sourced from FRED (CSUSHPISA, MORTGAGE30US, HOUST, RRVRUSQ156N), NAR, and the U.S. Census Bureau Housing Vacancy Survey. A "Correct" designation means the highest-probability outcome category materialized.

Data is updated daily. Series availability depends on publication lag from the originating agency — some series update monthly, others quarterly. Stub placeholder data (marked _stub: true in the JSON) will be replaced by real FRED observations on the next automated fetch cycle.