New Home Sales at 369,000 SAAR in December
The Census Bureau reports New Home...les in December were at a seasonally adjusted annual rate (SAAR) of 369 thousand. This was down from a revised...
Author : Calculated Risk
U.K. Economy Shrinks Again
From the WSJ: U.K. Economy Shrinks The U.K. economy shrank in the final quarter of 2012, leaving Britain at risk of entering its third recession...
Friday: New Home Sales
First, from Michelle Meyer at Merrill Lynch: Tale of the missing homes One of the key developments for the housing market in 2012 was a...
Forecast: Solid Auto Sales in January
Edmunds.com ... forecasts that 1,045,587 new cars and trucks will be sold in the U.S. in January for an estimated Seasonally Adjusted Annual Rate (SAAR)...
Kansas City Fed: Regional Manufacturing Contracted Modestly in January
From the Kansas City Fed: Tenth District Manufacturing Survey Contracted Modestly The Federal Reserve Bank of Kansas City released the January Manufacturing Survey today. According...
Weekly Initial Unemployment Claims Decline to 330,000
The DOL reports: In the week ending January 19, the advance figure for seasonally adjusted initial claims was 330,000, a decrease... 5,000 from the previous...
Thursday: Unemployment Claims
From Alejandro Lazo and Andrew Khouri at the LA Times: Number of homes entering foreclosure drops 22.1% to six-year low California's foreclosure crisis eased considerably...
Lawler: Table of Short Sales and Foreclosures for Selected Cities in December
Economist Tom Lawler sent me the table below of short sales and foreclosures for several selected cities in December. This shows distressed sales are down...
Understanding the Existing Home Sales Report
The reporting on the Existing Home sales report was pretty negative yesterday even though I thought it was a solid report. And some of the...
AIA: “Fifth Consecutive Month of Gains in Architecture Billings Index”
Note: This index is a leading indicator primarily for new Commercial Real Estate (CRE) investment. From AIA: Fifth Consecutive Month of Gains in Architecture Billings...