Monetary Policy Report submitted to the Congress on July 18, 2007, pursuant to section 2B of the Federal Reserve Act
| Period | Single-family | Multi-family |
|---|---|---|
| 1994:Q1 | 1.19 | 0.20 |
| 1994:Q2 | 1.21 | 0.25 |
| 1994:Q3 | 1.19 | 0.26 |
| 1994:Q4 | 1.16 | 0.31 |
| 1995:Q1 | 1.04 | 0.28 |
| 1995:Q2 | 1.02 | 0.27 |
| 1995:Q3 | 1.12 | 0.29 |
| 1995:Q4 | 1.14 | 0.28 |
| 1996:Q1 | 1.15 | 0.31 |
| 1996:Q2 | 1.19 | 0.31 |
| 1996:Q3 | 1.18 | 0.32 |
| 1996:Q4 | 1.10 | 0.32 |
| 1997:Q1 | 1.14 | 0.29 |
| 1997:Q2 | 1.12 | 0.36 |
| 1997:Q3 | 1.15 | 0.31 |
| 1997:Q4 | 1.14 | 0.39 |
| 1998:Q1 | 1.23 | 0.33 |
| 1998:Q2 | 1.24 | 0.33 |
| 1998:Q3 | 1.28 | 0.35 |
| 1998:Q4 | 1.36 | 0.36 |
| 1999:Q1 | 1.34 | 0.37 |
| 1999:Q2 | 1.27 | 0.31 |
| 1999:Q3 | 1.29 | 0.36 |
| 1999:Q4 | 1.34 | 0.32 |
| 2000:Q1 | 1.28 | 0.38 |
| 2000:Q2 | 1.24 | 0.35 |
| 2000:Q3 | 1.19 | 0.31 |
| 2000:Q4 | 1.22 | 0.32 |
| 2001:Q1 | 1.26 | 0.35 |
| 2001:Q2 | 1.30 | 0.33 |
| 2001:Q3 | 1.28 | 0.32 |
| 2001:Q4 | 1.26 | 0.31 |
| 2002:Q1 | 1.36 | 0.36 |
| 2002:Q2 | 1.34 | 0.34 |
| 2002:Q3 | 1.34 | 0.36 |
| 2002:Q4 | 1.41 | 0.33 |
| 2003:Q1 | 1.41 | 0.32 |
| 2003:Q2 | 1.43 | 0.33 |
| 2003:Q3 | 1.52 | 0.37 |
| 2003:Q4 | 1.66 | 0.38 |
| 2004:Q1 | 1.56 | 0.36 |
| 2004:Q2 | 1.61 | 0.33 |
| 2004:Q3 | 1.64 | 0.34 |
| 2004:Q4 | 1.61 | 0.35 |
| 2005:Q1 | 1.70 | 0.37 |
| 2005:Q2 | 1.70 | 0.35 |
| 2005:Q3 | 1.75 | 0.35 |
| 2005:Q4 | 1.73 | 0.34 |
| 2006:Q1 | 1.75 | 0.38 |
| 2006:Q2 | 1.52 | 0.34 |
| 2006:Q3 | 1.39 | 0.31 |
| 2006:Q4 | 1.23 | 0.32 |
| 2007:Q1 | 1.17 | 0.29 |
| 2007:Q2 | 1.19 | 0.30 |
|
Note: The data are quarterly and extend through 2007:Q2; the readings for 2007:Q2 are the averages for April and May. Source: Department of Commerce, Bureau of the Census. |