The key report this week is January existing home sales.
For manufacturing, the February Philly Fed manufacturing survey will be released.
All US markets will be closed in observance of Washington’s Birthday Holiday.
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.
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 January (a leading indicator for commercial real estate).
2:00 PM: FOMC Minutes, Meeting of January 29-30, 2019
8:30 AM: The initial weekly unemployment claims report will be released. The consensus is for 230 thousand initial claims, down from 239 thousand the previous week.
8:30 AM: Durable Goods Orders for January from the Census Bureau. The consensus is for a 1.7% increase in durable goods orders.
8:30 AM: the Philly Fed manufacturing survey for February. The consensus is for a reading of 14.5, down from 17.0.
10:00 AM: Existing Home Sales for January from the National Association of Realtors (NAR). The consensus is for 5.00 million SAAR, up from 4.99 million.
The graph shows existing home sales from 1994 through the report last month.
No major economic releases scheduled.