Buffett Indicator

Macro market valuation signal — compare total housing market value to GDP to assess whether housing is overvalued, undervalued, or fairly priced.

Total Housing Market Value

Gross Domestic Product

Historical Average Ratio

Local Median Home Price

Local Median Household Income

Historical Price-to-Income

Results

Housing/GDP Ratio —

Valuation Zone —

Local Price-to-Income —

Deviation from Avg —

Current ratio vs historical zones

Price-to-income vs historical norm

Metric	Value	Assessment