HOUSING EXPECTATIONS INDEX

Providing a summary statistic that quantifies consumer response data collected from housing confidence survery questions that address or relate to: (i) expected near-term and long-term changes in local home values, (ii) the affordability of homeownership , and (iii) the value of homeownership relative to financial investments, in the field of financial and residential real estate markets, and providing an index representing results from consumer forward-looking attitude and opinion surveys in the field of residential real estate