The Cromford Supply Index™ (CSI) represents current supply.
Values above 100 indicate an excess of supply of unsold homes compared to historic norms. (Buyer’s Market)
Values below 100 indicate a shortage of homes on the market. (Seller’s Market).
A reading of 100 indicates balance.
The Cromford Market Index™ (CMI) is a single value that indicates the balance of the residential resale market.
Values below 100 indicate a market that overall favors buyers.
Values above 100 indicate a market that favors sellers.
The Cromford Demand Index™ (CDI) represent the demand for homes.
Values above 100 indicate higher than normal demand. (Seller’s Market)
Values below 100 indicate lower than normal demand. (Buyer’s Market)
A reading of 100 represents balance.
For Historical perspective, the highest Index score since 2002 occurred during April, 2005 when the index was 312.3 – a seriously good market if you were a seller. The lowest time was October 2007 when it seemed like you couldn’t give houses away – the index was at 27.2.