A few comments on the Seasonal Pattern for House Prices
A few key points:1) There is a clear seasonal pattern for house prices.2) The surge in distressed sales during the housing bust distorted the seasonal...
Author : Calculated Risk
Real Estate Newsletter Articles this Week
At the Calculated Risk Real Estate Newsletter this week: • Rents Still Increasing Sharply Rent increases slowing seasonally• Real House Prices, Price-to-Rent Ratio and Price-to-Median...
Schedule for Week of December 3, 2021
The key economic reports this week are November CPI and the October trade deficit.----- Monday, December 6th -----No major economic releases scheduled.----- Tuesday, December 7th...
AAR: November Rail Carloads Down Compared to 2019; Intermodal Up Slightly
From the Association of American Railroads (AAR) Rail Time Indicators. Graphs and excerpts reprinted with permission. U.S. railroads originated 917,787 total carloads in November 2021,...
Comments on November Employment Report
The headline jobs number in the November employment report was below expectations, however, employment for the previous two months was revised up by 82,000. The...
Friday: Employment Report
My November Employment PreviewGoldman November Payrolls PreviewFriday:• At 8:30 AM ET, Employment Report for November. The consensus is for 563 thousand jobs added, and...
Goldman November Payrolls Preview
A few brief excerpts from a note by Goldman Sachs economist Spencer Hill:We estimate nonfarm payrolls rose 575k in November ... Big Data employment indicators...
Rents Still Increasing Sharply
Today, in the Real Estate Newsletter: Rents Still Increasing Sharply Rent increases slowing seasonallyExcerpt: The Zillow measure is up 11.2% YoY in October, up from...
Hotels: Occupancy Rate Up 5% Compared to Same Week in 2019; Record Thanksgiving Week Occupancy
Note: Since occupancy declined sharply at the onset of the pandemic, CoStar is comparing to 2019.From CoStar: STR: Thanksgiving Boosts US Weekly Hotel PerformanceU.S. hotel...
Weekly Initial Unemployment Claims Increase to 222,000
The DOL reported:In the week ending November 27, the advance figure for seasonally adjusted initial claims was 222,000, an increase of 28,000 from the previous...