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Posts Tagged ‘ home ’

Monday: New Home Sales

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Monday: New Home Sales

Weekend:• Schedule for Week of January 26, 2020 Monday:• At 10:00 AM ET, New Home Sales for December from the Census Bureau. The consensus is for 730 thousand SAAR, up from 719 thousand in November. • At 10:30 AM, Dallas Fed Survey of Manufacturing Activity for January. From CNBC: Pre-Market Data and Bloomberg futures:...
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Question #8 for 2020: How much will RI increase in 2020? How about housing starts and new home sales in 2020?

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Question #8 for 2020: How much will RI increase in 2020? How about housing starts and new home sales in 2020?

Earlier I posted some questions for next year: Ten Economic Questions for 2020. I’m adding some thoughts, and maybe some predictions for each question. 8) Residential Investment: Residential investment (RI) picked up in the second half of 2019, and new home sales were up about 10% in 2019 compared to 2020.  Note: RI is...
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Monday: Home Builder Survey, NY Fed Mfg

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Monday: Home Builder Survey, NY Fed Mfg

Weekend:• Schedule for Week of December 15, 2019 • Mortgage Equity Withdrawal Positive in Q3 Monday:• At 8:30 AM ET, The New York Fed Empire State manufacturing survey for December. The consensus is for a reading of 4.0, up from 2.9. • At 10:00 AM, The December NAHB homebuilder survey. The consensus is for...
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Thursday: Existing Home Sales, Unemployment Claims, Philly Fed Mfg

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Thursday: Existing Home Sales, Unemployment Claims, Philly Fed Mfg

Thursday:• At 8:30 AM, The initial weekly unemployment claims report will be released. The consensus is for 219,000 initial claims, down from 225,000 last week. • Also at 8:30 AM, the Philly Fed manufacturing survey for November. The consensus is for a reading of 7.5, up from 5.6. • At 10:00 AM, Existing Home...
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Thursday: GDP, Unemployment Claims, Pending Home Sales

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Thursday: GDP, Unemployment Claims, Pending Home Sales

Thursday:• At 8:30 AM ET, The initial weekly unemployment claims report will be released. The consensus is for 211 thousand initial claims, up from 208 thousand the previous week. • At 8:30 AM, Gross Domestic Product, 2nd quarter 2018 (Third estimate). The consensus is that real GDP increased 2.0% annualized in Q2, unchanged from...
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Comments on June Existing Home Sales

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Comments on June Existing Home Sales

Earlier: NAR: Existing-Home Sales Decreased to 5.27 million in June A few key points: 1) The key for housing – and the overall economy – is new home sales, single family housing starts and overall residential investment. Overall, this is still a somewhat reasonable level for existing home sales.  No worries. 2) Inventory is...
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California Bay Area Home Sales Decline 4.7% YoY in Q2, Inventory up 11% YoY

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California Bay Area Home Sales Decline 4.7% YoY in Q2, Inventory up 11% YoY

From Compass chief economist Selma Hepp: How did the spur of IPOs impact Bay Area housing markets? • Higher-end sales surged. While the total number of homes sold in the second quarter trended below last year by about 5 percent, higher-priced sales, above million, surged again bringing second quarter sales in line with last...
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Thursday: GDP, Unemployment Claims, Pending Home Sales

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Thursday: GDP, Unemployment Claims, Pending Home Sales

Thursday:• At 8:30 AM ET, The initial weekly unemployment claims report will be released.  The consensus is for 215 thousand initial claims, up from 211 thousand last week. • At 8:30 AM, Gross Domestic Product, 1st quarter 2019 (Second estimate). The consensus is that real GDP increased 3.0% annualized in Q2, down from the...
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Lawler: Early Read on Existing Home Sales in April

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Lawler: Early Read on Existing Home Sales in April

From housing economist Tom Lawler: Early Read on Existing Home Sales in April Based on publicly-available local realtor/MLS reports released across the country through today, I project that existing home sales as estimated by the National Association of Realtors ran at a seasonally adjusted annual rate of 5.31 million in April, up 1.9% from...
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Tuesday: New Home Sales, Richmond Fed Mfg

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Tuesday: New Home Sales, Richmond Fed Mfg

From Matthew Graham at Mortgage News Daily: Mortgage Rates Modestly Higher to Start The Week Mortgage rates were higher again on Monday, but just barely. The average lender was still in worse shape on Tuesday or Wednesday of last week when rates were the highest they’d been in about a month. [30YR FIXED -...
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