REO Inventory: Usually quoted as combined REO (Real Estate Owned) inventory for Fannie, Freddie and the FHA. This is just a portion of the total REO inventory. Private label securities and banks and thrifts also hold a substantial number of REOs.
American Institute of Architects ‘Architecture Billings Index’ : “The ABI serves as a leading economic indicator of commercial real estate that leads nonresidential construction activity by approximately 9-12 months. The indexes are developed from the monthly Work-on-the-Boards survey panel”
Discussion
No comments yet.