Market Indices
Housing-Economy Indices
Public-market proxies for the forces moving the housing economy — tracked across home builders, home improvement, lenders, and brokerages.
Home Builders
6/9 advancing
CATEGORY AVG
Home Improvement
4/5 advancing
CATEGORY AVG
Lenders
6/7 advancing
CATEGORY AVG
Brokerages
4/7 advancing
CATEGORY AVG
Commercial Real Estate Services
4/5 advancing
CATEGORY AVG
Residential REITs and Operators
3/4 advancing
CATEGORY AVG
Showing reference values — live quotes resume when the data feed is reachable
Macro · Broad Market
The Buffett Indicator
Total US stock-market capitalization measured against GDP — the metric Warren Buffett once called the best single gauge of where overall valuations stand. It frames the macro backdrop the whole real-estate cycle plays out inside.
Significantly Overvalued
~2σ ABOVE TREND · NEAR RECORD HIGHS
The ratio divides the combined value of all US public companies by the size of the economy. Around 100% is broadly “fair”; readings past ~150% have historically marked stretched, late-cycle markets.
At ~239%, the broad market is richly priced versus output — a backdrop that tends to compress forward returns and sharpen the hunt for yield, including into real assets. It is a context gauge, not a timing trigger.
As of June 2026 · total market cap ÷ GDP (Wilshire 5000 basis). Sources: GuruFocus, MacroMicro, Current Market Valuation. Updated periodically — structural caveats apply (US firms’ foreign revenue and the rate regime both shift “fair” levels). Educational, not investment advice.