Index Of Leasing Economic Indicators (LEI)
Indicators reflecting future changes in economic conditions; referred to as the Composite Index of 11 Leading Indicators. This index indicates the direction of the economy in the next six to nine months. It helps to forecast business trends; hence, the reference "leading indicators". The Index consists of 11 indicators, and are subject to revision. This series is calculated and published monthly by the U.S. Department of Commerce. It includes as one element Residential building permits for private housing. Note that gains in building permits signal business upturns.
Popular Real Estate Terms
Formal statement by an auditor, after through examination and consideration, as to whether a real estate company's financial statements fairly present financial position and operating ...
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Roof having less than a 10 degree slant. ...
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Professional certification granted by the Institute of Real Estate Management, an affiliate of the National Association of Realtors. ...
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