Housing and Mortgage Markets


Metro Monitor - September 2014

September 26, 2014, Alec Friedhoff and Siddharth Kulkarni

The Metro Monitor tracks the performance of the 100 largest U.S. metropolitan areas on four indicators: jobs, unemployment, output (gross product), and house prices. The analysis of these indicators is focused on change during three time periods: the recession, the recovery, and the combination of the two (recession + recovery). The determination of each time period is place- and indicator-specific, with the recession for a given indicator being defined by the period from its metro-specific "peak" to its "trough" and the recovery being defined by the period from its "trough" to the the second quarter of 2014.