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Tuesday: CPI

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Tuesday: CPI

From Matthew Graham at Mortgage News Daily: Mortgage Rates Start Week Near Long-Term Lows Mortgage rates were roughly unchanged to begin the week. That means they are staying in line with the lowest levels in more than a year. Only 2 or 3 days have been any better, depending on the lender, and the...
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Schedule for Week of March 10, 2019

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Schedule for Week of March 10, 2019

The key reports this week are January New Home Sales, February CPI and January retail sales. For manufacturing, the February Industrial Production report and the March NY Fed manufacturing survey will be released. —– Monday, Mar 11th —–8:30 AM: Retail sales for January is scheduled to be released.  The consensus is for no change...
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Friday: Employment Report, Housing Starts, Speech Fed Chair Powell

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Friday: Employment Report, Housing Starts, Speech Fed Chair Powell

My February Employment Preview Goldman: February Payrolls Preview Friday:• At 8:30 AM ET, Employment Report for February.   The consensus is for 178,000 jobs added, and for the unemployment rate to decline to 3.9%. • At 8:30 AM, Housing Starts for January. The consensus is for 1.170 million SAAR, up from 1.078 million SAAR....
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Wednesday: ADP Employment, Trade Deficit, Beige Book

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Wednesday: ADP Employment, Trade Deficit, Beige Book

Wednesday:• At 7:00 AM ET, The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index. • At 8:15 AM, The ADP Employment Report for February. This report is for private payrolls only (no government). The consensus is for 180,000 payroll jobs added in February, down from 213,000 added in...
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Hotels: Occupancy Rate Decreased Year-over-year

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Hotels: Occupancy Rate Decreased Year-over-year

From HotelNewsNow.com: STR: US hotel results for week ending 23 February The U.S. hotel industry reported mixed year-over-year results in the three key performance metrics during the week of 17-23 February 2019, according to data from STR. In comparison with the week of 18-24 February 2018, the industry recorded the following: • Occupancy: -1.7%...
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Demographics: Renting vs. Owning

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Demographics: Renting vs. Owning

Note; This is an update to a post I wrote in 2015. It was almost 9 years ago that we started discussing the turnaround for apartments. Then, in January 2011, I attended the NMHC Apartment Strategies Conference in Palm Springs, and the atmosphere was very positive. The drivers in 2011 were 1) very low...
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Dallas Fed: “Texas Manufacturing Expansion Continues”

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Dallas Fed: “Texas Manufacturing Expansion Continues”

From the Dallas Fed: Texas Manufacturing Expansion Continues Texas factory activity continued to expand in February, according to business executives responding to the Texas Manufacturing Outlook Survey. The production index, a key measure of state manufacturing conditions, slipped four points to 10.1, indicating a slight deceleration in output growth. Most other measures of manufacturing...
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Schedule for Week of February 24, 2019

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Schedule for Week of February 24, 2019

Some key catch up reports this week!  The key reports are Q4 GDP and December Housing Starts. Other key reports include Case-Shiller house prices, and Personal Income and Outlays for December, and Personal Income for January. For manufacturing, the February Dallas, Richmond and Kansas City manufacturing surveys will be released. Fed Chair Jerome Powell...
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Weekly Initial Unemployment Claims decreased to 216,000

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Weekly Initial Unemployment Claims decreased to 216,000

The DOL reported: In the week ending February 16, the advance figure for seasonally adjusted initial claims was 216,000, a decrease of 23,000 from the previous week’s unrevised level of 239,000. The 4-week moving average was 235,750, an increase of 4,000 from the previous week’s unrevised average of 231,750. This is the highest level...
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Tuesday: NAHB homebuilder survey

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Tuesday: NAHB homebuilder survey

Weekend:• Schedule for Week of February 17, 2019 Tuesday:• 10:00 AM, The February NAHB homebuilder survey. The consensus is for a reading of  59, up from 58. Any number above 50 indicates that more builders view sales conditions as good than poor. From CNBC: Pre-Market Data and Bloomberg futures: S&P 500 and DOW futures...
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