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Posts Tagged ‘ Sales ’

Wednesday: Existing Home Sales, FOMC Announcement

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Wednesday: Existing Home Sales, FOMC Announcement

Wednesday:• At 7:00 AM ET, The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index. • At 10:00 AM, Existing Home Sales for November from the National Association of Realtors (NAR). The consensus is for 5.19 million SAAR, down from 5.22 million. • During the day, The AIA’s Architecture...
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Sacramento Housing in November: Sales Down 7% YoY, Active Inventory up 23% YoY

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Sacramento Housing in November: Sales Down 7% YoY, Active Inventory up 23% YoY

From SacRealtor.org: November 2018 Statistics – Sacramento Housing Market – Single Family Homes, Median sales price increases, sales volume drops November closed with 1,304 sales, a 9.3% decrease from the 1,413 sales of September. Compared to the same month last year (1,396), the current figure is down 6.6%. Of the 1,304 sales this month,...
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Wednesday: New Home Sales, GDP, Fed Chair Powell, Richmond Fed Mfg Survey

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Wednesday: New Home Sales, GDP, Fed Chair Powell, Richmond Fed Mfg Survey

Wednesday:• At 7:00 AM ET, The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index. • At 8:30 AM, Gross Domestic Product, 3nd quarter 2018 (Second estimate). The consensus is that real GDP increased 3.5% annualized in Q3, unchanged from the advance estimate of GDP. • At 10:00 AM,...
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California Bay Area Home Sales Decline 8% YoY in October, Inventory up 21% YoY

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California Bay Area Home Sales Decline 8% YoY in October, Inventory up 21% YoY

Here are some Bay Area stats from Pacific Union chief economist Selma Hepp: • Bay Area home sales dipped by 8 percent year over year in October; however, the 19 percent increase from September was the highest monthly increase between September and October going back to 1990. • Santa Clara County and East Bay...
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Monday: Retail Sales, NY Fed Mfg Survey

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Monday: Retail Sales, NY Fed Mfg Survey

Weekend:• Schedule for Week of October 14, 2018 Monday:• At 8:30 AM ET: Retail sales for September will be released.  The consensus is for a 0.6% increase in retail sales. • At 8:30 AM ET: The New York Fed Empire State manufacturing survey for October. The consensus is for a reading of 19.3, up...
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A few Comments on August New Home Sales

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A few Comments on August New Home Sales

New home sales for August were reported at 629,000 on a seasonally adjusted annual rate basis (SAAR). This was close to the consensus forecast, however the three previous months were revised down significantly. Sales in August were up 12.7% year-over-year compared to August 2017.   This was strong YoY growth, however this was an...
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Thursday: Existing Home Sales, Unemployment Claims, Philly Fed Mfg, Flow of Funds

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Thursday: Existing Home Sales, Unemployment Claims, Philly Fed Mfg, Flow of Funds

Note: The weekly claims report will be for the week ending September 15th. Hurricane Florence impacted the Carolinas starting around September 13th, so there might be some increase in claims due to the hurricane, but it is more likely a bump in claims will happen this week (to be reported next week). Thursday:• At...
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Friday: Retail Sales, Industrial Production

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Friday: Retail Sales, Industrial Production

Friday:• At 8:30 AM ET, Retail sales for August will be released.  The consensus is for a 0.4% increase in retail sales. • At 9:15 AM, The Fed will release Industrial Production and Capacity Utilization for August. The consensus is for a 0.4% increase in Industrial Production, and for Capacity Utilization to increase to...
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Annual Vehicle Sales: On Pace to decline in 2018

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Annual Vehicle Sales: On Pace to decline in 2018

The BEA released their estimate of August vehicle sales. The BEA estimated sales of 16.596 million SAAR in August 2018 (Seasonally Adjusted Annual Rate), down 0.6% from the July sales rate, and up 0.9% from August 2017 (August was the weakest sales month last year due to the impact of the hurricanes). Through August,...
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Wednesday: Existing Home Sales, FOMC Minutes, BLS Benchmark Revision

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Wednesday: Existing Home Sales, FOMC Minutes, BLS Benchmark Revision

Wednesday:• At 7:00 AM ET, The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index. • During the day, The AIA’s Architecture Billings Index for July (a leading indicator for commercial real estate). • At 10:00 AM, Existing Home Sales for July from the National Association of Realtors (NAR)....
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