Chemical Activity Barometer “Eases” in April
Note: This appears to be a leading indicator for industrial production.From the American Chemistry Council: Chemical Activity Barometer Eases Following Six Consecutive Monthly Gains; Trends...
Author : Calculated Risk
MBA: Mortgage Applications Decrease Slightly in Latest Weekly Survey
From the MBA: Mortgage Applications Slightly Decrease in Latest MBA Weekly SurveMortgage applications decreased 0.2 percent from one week earlier, according to data from the...
“Mortgage Rates Push Farther Into 4-Year Highs”
Wednesday:• At 7:00 AM ET, The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index.From Matthew Graham at Mortgage News...
U.S. Demographics: Largest 5-year cohorts, and Ten most Common Ages in 2017
IMPORTANT NOTE: The data below is based on the Census 2017 estimates. Housing economist Tom Lawler has pointed out some questions about the Census estimates,...
Real House Prices and Price-to-Rent Ratio in February
Here is the earlier post on Case-Shiller: Case-Shiller: National House Price Index increased 6.3% year-over-year in FebruaryIt has been eleven years since the bubble peak....
A few Comments on March New Home Sales
New home sales for March were reported at 694,000 on a seasonally adjusted annual rate basis (SAAR). This was well above the consensus forecast, and...
New Home Sales increase to 694,000 Annual Rate in March
The Census Bureau reports New Home Sales in March were at a seasonally adjusted annual rate (SAAR) of 694 thousand. The previous three months were...
Case-Shiller: National House Price Index increased 6.3% year-over-year in February
S&P/Case-Shiller released the monthly Home Price Indices for February ("February" is a 3 month average of December, January and February prices).This release includes prices for...
Tuesday: New Home Sales, Case-Shiller House Prices
From Matthew Graham at Mortgage News Daily: NOW Mortgage Rates Are at 4-Year HighsMortgage rates moved markedly higher today, officially leaving them at new 4-year...
Housing Inventory Tracking
Update: Watching existing home "for sale" inventory is very helpful. As an example, the increase in inventory in late 2005 helped me call the top...