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Posts Tagged ‘ April ’

CoreLogic: House Prices up 6.9% Year-over-year in April

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CoreLogic: House Prices up 6.9% Year-over-year in April

Notes: This CoreLogic House Price Index report is for April. The recent Case-Shiller index release was for March. The CoreLogic HPI is a three month weighted average and is not seasonally adjusted (NSA). From CoreLogic: CoreLogic US Home Price Report Shows Prices Up 6.9 Percent in April 2017 Home prices nationwide, including distressed sales,...
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Sacramento Housing in April: Sales down 3%, Active Inventory down 16% YoY

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Sacramento Housing in April: Sales down 3%, Active Inventory down 16% YoY

During the recession, I started following the Sacramento market to look for changes in the mix of houses sold (equity, REOs, and short sales). For several years, not much changed. But in 2012 and 2013, we saw some significant changes with a dramatic shift from distressed sales to more normal equity sales. This data...
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Retail Sales increased 0.4% in April

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Retail Sales increased 0.4% in April

On a monthly basis, retail sales increased 0.4 percent from March to April (seasonally adjusted), and sales were up 4.5 percent from April 2016. From the Census Bureau report: Advance estimates of U.S. retail and food services sales for April 2017, adjusted for seasonal variation and holiday and trading-day differences, but not for price...
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Vehicle Sales Forecast: Sales close to 17 Million SAAR in April

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Vehicle Sales Forecast: Sales close to 17 Million SAAR in April

The automakers will report April vehicle sales on Tuesday, May 2nd. Note: There were 26 selling days in April 2017, down from 27 in April 2016. From WardsAuto: U.S. Forecast: Mild Sales, Growing Inventory The report puts the seasonally adjusted annual rate of sales for the month at 17.1 million units, well above last...
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A Few Comments on April Existing Home Sales

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A Few Comments on April Existing Home Sales

Earlier: Existing Home Sales increased in April to 5.45 million SAAR First, please note that once again housing economist Tom Lawler nailed the NAR report. I project that US existing home sales as estimated by the National Association of Realtors ran at a seasonally adjusted annual rate of 5.44 million in April Second, I’d...
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ISM Non-Manufacturing Index increased to 55.7% in April

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ISM Non-Manufacturing Index increased to 55.7% in April

The April ISM Non-manufacturing index was at 55.7%, up from 54.5% in March. The employment index increased in April to 53.0%, up from 50.3% in March. Note: Above 50 indicates expansion, below 50 contraction. From the Institute for Supply Management:April 2016 Non-Manufacturing ISM Report On Business┬« Economic activity in the non-manufacturing sector grew in April...
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ISM Manufacturing index decreased to 50.8 in April

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ISM Manufacturing index decreased to 50.8 in April

The ISM manufacturing index indicated expansion for the second consecutive month in April, following five months of contraction. The PMI was at 50.8% in April, down from 51.8% in March. The employment index was at 49.2%, up from 48.1% in March, and the new orders index was at 55.8%, down from 58.3% in March....
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Schedule for Week of April 24, 2016

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Schedule for Week of April 24, 2016

The key economic reports this week are the first estimate of Q1 GDP, March New Home sales, and the Case-Shiller House Price Index for February. The FOMC is meeting on Tuesday and Wednesday, and no change in policy is expected at this meeting. —– Monday, April 25th —–10:00 AM: New Home Sales for March from...
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Schedule for Week of April 10, 2016

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Schedule for Week of April 10, 2016

The key economic report this week is March retail sales on Wednesday. For prices, PPI and CPI will be released this week. For manufacturing, March Industrial Production and the April NY Fed manufacturing survey will be released this week. —– Monday, April 11th —–No economic releases scheduled. —– Tuesday, April 12th —–9:00 AM ET:...
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Schedule for Week of April 3, 2016

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Schedule for Week of April 3, 2016

This will be a light week for economic data. The key economic report is the trade balance on Tuesday. Also the quarterly Reis surveys for office, apartment and malls will be released this week. —– Monday, April 4th —–Early: Reis Q1 2016 Office Survey of rents and vacancy rates. 10:00 AM ET: The Fed...
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