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
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Use of a parcel of land that will produce the greatest current value. ...
A contract not in writing. Oral contracts are legally enforceable except for those applicable to the sale of real estate. ...
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Annual return rate of capital invested in a wasting asset. The capital is returned from the depreciating asset's earned income. ...
Pipes from a structure to a sewer for the purpose of sewage disposal. ...
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Guarantee by a seller to a buyer to satisfy, for a specified time period, problems in the quality or performance of items within the home. There is usually no additional charge during the ...
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