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Which of the 8 measures are most commonly used to measure the housing market (or all they all part of the general measurement)?

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Post 2020 How will the housing market look with the amount of jobs lost?

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how are economists going to cope with the flaw?

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What has been the worst year for the housing market so far?

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How are all these 8 separate measures put together, or are they not?

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Is the housing market still going to be used as an economic indicator despite it's clear flaw?

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In what areas is the housing market suffering the most? (Little to no house sales/change)

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There are 8 main indicators:
1.  Construction spending
U.S. Census Bureau makes monthly reports on new domestic construction spending in the country. The report gives a breakdown of residential and nonresidential spending, as well as private and public spending.
2.  New residential construction
US govt. report that focuses on new residential construction
3.  Number of Home sales
The National Association of Realtors puts out reports on the number of used homes sold every month.
4.  State-level home sales
Various realtor groups in each state put reports out on home prices in their respective areas.
5.  New home sales
Govt. report that looks at how many new homes are sold nationwide.
6.  Pending sales
Made by the National Association of Realtors; basically says how many deals are expected to close in the close future.
7.  NAHB's housing market index
The National Association of Home Builders makes a monthly index that looks at the level of confidence that builders have in the single-family housing market. They also make projections for the next six months.
8. Regional price indices
S&P essentially compares housing prices for different regions.

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- The economic recession due to the pandemic has plummeted mortgage rates
- This has increased demand for housing while supply remains low, which in turn sharply increased housing prices.
- An absence of house tours and in-person events has caused fewer homeowners to list their homes for sale and more to take their houses off the market entirely
- Government regulations have also limited the number of houses built
- homeownership rates among millennials and other minority groups have declined
- Though home prices have increased, the housing market during COVID reveals a flaw inside the indicator

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What does your indicator tell us about the economy? 

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What does your indicator tell us about the economy? 

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- The housing market directly impacts residential investments, which is correlated to economic growth
- As housing prices increase, it encourages additional construction spending
- Increases in housing prices usually encourage homeowners to spend more due to heightened confidence in the economy.
- As of 2019, about 65% of homes were owner-occupied, which conveys that the majority of people who own houses trust the economy enough to make a major purchase.
- Useful in knowing how much trust people have in the economy. If housing prices are higher, buyers trust the economy enough to make a large purchase. If housing prices drop, the economy is doing worse because people aren’t faithful to buy homes.

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-Housing Indicators look at how well the housing market is doing
- Housing market makes up 5% of the US's GDP
- Investors pay attention to housing-related indicators as a window into the broader economy