Des Moines Real Estate Blog

Your Economist of Choice, Your Realtor of Choice

  • Adam Van Lin, Realtor
    Burnett Realty
    10200 Hickman Rd. #100
    Clive, Iowa 50325
    Cell 515.344.1068
    Fax 515.331.3401
    Licensed in Iowa

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More Leading Indicators for Des Moines Home Prices

Posted by adamvanlin on September 6, 2011

I’ve been following new building permits as a leading indicator for a while, but I will begin to follow manufacturing and construction employment as well.  Both are considered leading economic indicators and therefore, would give guidance into future employment and home prices.  Here are the graphs…

Permits have turned negative over the past year, and both manufacturing jobs and construction employment have bounced off their lows of the past year, but are nowhere near healthy.  Mixed signs that are hard to draw much of a conclusion from.  We’ll have to keep an eye on these important indicators to see what they are telling us over the next couple months.


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