Freddie Mac market index says Houston is still strong, slightly improving

Report uses purchase applications, payment-to-income, employment and mortgage health to measure markets
  • Freddie Mac's MiMi numerically details market activity to illustrate stability and instability across the nation.
  • The national MiMi reached a healthy score of 85 in June, up 5.76 percent year-over-year.
  • Houston had an overall score of 89 and is considered healthy in all categories except for purchase applications.

Freddie Mac released its latest Multi-Indicator Market Index (MiMi) based on June housing market activity. MiMi numerically details national, state and metro-level market activity to illustrate market stability and instability across the nation.