A little data tomorrow …
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 5.53 million SAAR, down from 5.60 million in October. Housing economist Tom Lawler expects the NAR to report sales of 5.60 million SAAR in November, unchanged from October’s preliminary pace.
• During the day: The AIA’s Architecture Billings Index for November (a leading indicator for commercial real estate).