Schedule for Week of April 18, 2021

The key reports this week are March New and Existing Home Sales.

For manufacturing, the April Kansas City manufacturing survey will be released.

—– Monday, Apr 19th —–

No major economic releases scheduled.

—– Tuesday, Apr 20th —–

No major economic releases scheduled.

—– Wednesday, Apr 21st —–

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 March (a leading indicator for commercial real estate).

—– Thursday, Apr 22nd —–

8:30 AM: The initial weekly unemployment claims report will be released.  The consensus is for a increase to 625 thousand from 576 thousand last week.

8:30 AM ET: Chicago Fed National Activity Index for March. This is a composite index of other data.

Existing Home Sales10:00 AM: Existing Home Sales for March from the National Association of Realtors (NAR). The consensus is for 6.17 million SAAR, down from 6.22 million.

The graph shows existing home sales from 1994 through the report last month.

Housing economist Tom Lawler expects the NAR to report sales of 6.02 million SAAR for March.

11:00 AM: the Kansas City Fed manufacturing survey for April.

—– Friday, Apr 23rd —–

New Home Sales10:00 AM: New Home Sales for March from the Census Bureau.

This graph shows New Home Sales since 1963. The dashed line is the sales rate for last month.

The consensus is for 885 thousand SAAR, up from 775 thousand in February.

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