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Federal Reserve Bank of Boston Economic Quiz

Housing Trivia 1. During 2001, new and existing home sales did what? Rose considerably Fell considerably Remained strong Remained weak 2. The Conference Board releases an index of leading indicators that suggests future economic activity. The index is made up of 10 measures, including average weekly manufacturing hours, interest rate spread, and stock prices. Which of the following housing indicators is included in the index? Housing starts Building permits New home sales Existing home sales 3. During the first quarter of this year, the average sales price for a new single family home in the United States was $224,400. During the same period, what was the average sale price for a new single family home in the Northeast region of the United States? $224,400 $251,400 $277,400 $303,400 4. Out of the total number of housing units in the United States, what percentages are owner occupied, renter occupied, and vacant? 60% owner, 28% renter, and 12% vacant 60% owner, 38% renter, and 2% vacant 70% owner, 28% renter, and 2% vacant 70% owner, 18% renter, and 12% vacant Created with QuizScript

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Economic quiz written by: Delia Sawhney - May 20, 2002 Views expressed in the economic quiz are those of the individual author.