Indicators / Housing
New home months' supply
Months' supply of new houses for sale.
Current
8.5
Observation date 2026-08-01
ElevatedRECENT
Stress
88
Level percentile
Metric: 8.50 · Trend →Stable
History
Percentile 88
Z-score —
History since 1963-01-01
Changes
1W —
1M −0.5
3M −0.7
6M −1.4
12M ±0.0
Chart
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Interpretation & scoring
Direction: Rising unsold inventory relative to sales = softening demand.
Stress metric: Level percentile (higher = more stress).
Mapping: point-in-time historical percentile of the metric (polarity-adjusted). Signal bands: <50 Normal · 50–75 Watch · 75–90 Elevated · ≥90 Severe.
Contribution to scores
| Score | Category / cluster | Weight | Points |
|---|---|---|---|
| Recession Stress | housing / inventory | 1.5% | 1.3 |
Sources & timestamps
| Series | Source | ID | Frequency | Last observation | Source last updated | Retrieved |
|---|---|---|---|---|---|---|
| Monthly supply of new houses | U.S. Census Bureau (via FRED) | MSACSR | Monthly | 2026-08-01 | 2026-09-24 14:03 UTC | 2026-10-18 23:09 UTC |