Stress is just how far today's value sits between “norm” (0) and “crisis” (100) — a fixed calibrated scale, not a verdict. It measures pressure, not a prediction of collapse.
Unsold new-build inventory currently reads 34 months of stock, mapping to a stress of 73/100 — elevated pressure, toward the crisis end of its scale.
Across the tracked period the stress has held roughly flat (+0.0 pts).
The value is sourced via independent monitoring; confidence — medium. How it is derived: Unsold new-build housing measured in months of current sales (DOM.RF/analysts). A rising overhang means frozen demand and developer risk.
History is accumulating since launch — a chart appears once enough daily readings pile up.