2021
1,948 posts
2021 1,948
December 2021
- "Highest Mortgage Rates in a Month, But Just Barely"
- Question #7 for 2022: How about housing starts and new home sales in 2022?
- Lawler: More on the CoreLogic Home Investor Activity Report
- COVID December 30, 2021: Record Cases; Focus on Hospitalizations and Deaths
- Fannie Mae: Mortgage Serious Delinquency Rate Decreased in November
- Question #8 for 2022: Housing Credit: Will we see easier mortgage lending in 2022?
- Question #9 for 2022: What will happen with house prices in 2022?
- Weekly Initial Unemployment Claims Decrease to 198,000
- Thursday: Unemployment Claims, Chicago PMI
- Las Vegas Visitor Authority for November: Visitor Traffic Down 11.3% Compared to 2019
- Real House Prices, Price-to-Rent Ratio and Price-to-Median Income in October
- NAR: Pending Home Sales Decreased 2.2% in November
- Wednesday: Pending Home Sales
- A few comments on the Seasonal Pattern for House Prices
- Comments on Case-Shiller and FHFA House Price Increases
- Case-Shiller: National House Price Index increased 19.1% year-over-year in October
- Tuesday: Case-Shiller and FHFA House Prices, Richmond Fed Mfg
- Final Look at Local Housing Markets in November
- Housing Inventory December 27th Update: Inventory Down 4.8% Week-over-week; Near Record Low
- Seven High Frequency Indicators for the Economy
- Sunday Night Futures
- Question #10 for 2022: Will inventory increase as the pandemic subsides, or will inventory decrease further in 2022?
- Real Estate Newsletter Articles this Week
- Schedule for Week of December 26, 2021
- Lawler: More on Investor Purchases of Residential Homes: Pretium
- Ten Economic Questions for 2022
- Black Knight: National Mortgage Delinquency Rate Decreased in November; Foreclosures at Record Low
- COVID December 23, 2021: Average Cases Exceeds Delta Peak
- Freddie Mac: Mortgage Serious Delinquency Rate decreased in November
- Hotels: Occupancy Rate Up 8% Compared to Same Week in 2019
- New Home Sales: Record 110 thousand homes have not been started
- New Home Sales at 744,000 Annual Rate in November
- Personal Income increased 0.4% in November; Spending increased 0.6%
- Weekly Initial Unemployment Claims Unchanged at 205,000
- Thursday: Unemployment Claims, Durable Goods, Personal Income and Outlays, New Home Sales
- December Vehicle Sales Forecast: Decrease to 12.7 million SAAR
- MBA Updated Economic and Mortgage Forecasts
- More Analysis on November Existing Home Sales
- NAR: Existing-Home Sales Increased to 6.46 million in November
- Q3 GDP Growth Revised up to 2.3% Annual Rate
- MBA: Mortgage Applications Decrease in Latest Weekly Survey
- Wednesday: GDP, Existing Home Sales
- Housing Wire: "Move over Fannie, the non-QM loan is in the fast lane"
- 5th Look at Local Housing Markets in November
- Cleveland Fed: "What’s Holding Back Employment"
- "Mortgage Rates Moderately Higher"
- LA Area Port Traffic: Disappointing Traffic in November
- Supply Chain Disruptions and Housing Inventory
- MBA Survey: "Share of Mortgage Loans in Forbearance Decreases to 1.67%"
- Review: Ten Economic Questions for 2021
- Housing Inventory December 20th Update: Inventory Down 3.9% Week-over-week
- Seven High Frequency Indicators for the Economy
- Sunday Night Futures
- Real Estate Newsletter Articles this Week
- Schedule for Week of December 19, 2021
- December 17th COVID-19: Cases, Hospitalizations and Deaths Increasing
- Lawler: Early Read on Existing Home Sales in November
- Q4 GDP Forecasts: Up to 7%
- 4th Look at Local Housing Markets in November
- December 16th COVID-19: Hospitalizations and Deaths Increasing
- Hotels: Occupancy Rate Down 5% Compared to Same Week in 2019
- AIA: "Demand for design services continues to grow" in November
- November Housing Starts: Most Housing Units Under Construction Since 1973
- Industrial Production Increased 0.5 Percent in November
- Weekly Initial Unemployment Claims Increase to 206,000
- Housing Starts Increased to 1.679 million Annual Rate in November
- Thursday: Housing Starts, Unemployment Claims, Industrial Production and more
- FOMC Projections and Press Conference
- FOMC Statement: Accelerate Taper
- The Household Mystery
- NAHB: Builder Confidence Increased to 84 in December
- Retail Sales Increased 0.3% in November
- MBA: Mortgage Applications Decrease in Latest Weekly Survey
- Wednesday: Retail Sales, FOMC Announcement, Homebuilder Survey, NY Fed Mfg
- Employment: November Diffusion Indexes
- Missing Workers by Age Group
- Tuesday: PPI
- 3rd Look at Local Housing Markets in November
- A Few Comments on Inflation
- Housing Inventory December 13th Update: Inventory Down 3.3% Week-over-week
- Seven High Frequency Indicators for the Economy
- Sunday Night Futures
- FOMC Preview: Accelerated Taper Announcement Expected
- Real Estate Newsletter Articles this Week
- Schedule for Week of December 12, 2021
- Black Knight: Number of Mortgages in Forbearance Declines "Significantly"
- 2nd Look at Local Housing Markets in November
- Q4 GDP Forecasts: Moving Up
- Cleveland Fed: Median CPI increased 0.5% and Trimmed-mean CPI increased 0.5% in November
- BLS: CPI increased 0.8% in November; Core CPI increased 0.5%
- Friday: CPI
- The Home ATM, aka Mortgage Equity Withdrawal (MEW)
- Hotels: Occupancy Rate Down 9% Compared to Same Week in 2019
- Fed's Flow of Funds: Household Net Worth Increased $2.4 Trillion in Q3
- CoreLogic: 470 thousand Homes with Negative Equity in Q3 2021
- Weekly Initial Unemployment Claims Decrease to 184,000
- Thursday: Unemployment Claims, Q3 Flow of Funds
- Lawler: Updates on Key Drivers of US Population Growth
- NMHC: Rent Payment Tracker Shows Households Paying Rent Increased YoY in Early December
- BLS: Job Openings Increased to 11.0 million in October
- MBA: Mortgage Applications Increase in Latest Weekly Survey
- Wednesday: Job Openings
- Leading Index for Commercial Real Estate "Declines in November"; Up Sharply Year-over-year
- 1st Look at Local Housing Markets in November
- Trade Deficit Decreased to $67.1 Billion in October
- CoreLogic: House Prices up 18% YoY in October
- Tuesday: Trade Deficit, Corelogic House Prices
- December 6th COVID-19: 60% of US Population Fully Vaccinated
- As Forbearance Ends
- Black Knight Mortgage Monitor for September: "More than 750K borrowers left forbearance plans over the past 45 days"
- Housing Inventory December 6th Update: Inventory Down 6.5% Week-over-week
- Seven High Frequency Indicators for the Economy
- Sunday Night Futures
- A few comments on the Seasonal Pattern for House Prices
- Real Estate Newsletter Articles this Week
- Schedule for Week of December 5, 2021
- December 3rd COVID-19: Cases, Hospitalizations and Deaths Increasing
- Black Knight: Number of Mortgages in Forbearance "Drops Below the Million Mark"
- AAR: November Rail Carloads Down Compared to 2019; Intermodal Up Slightly
- Comments on November Employment Report
- November Employment Report: 210 thousand Jobs, 4.2% Unemployment Rate
- Friday: Employment Report
- December 2nd COVID-19: Hospitalizations Increasing
- Goldman November Payrolls Preview
- Rents Still Increasing Sharply
- November Employment Preview
- Hotels: Occupancy Rate Up 5% Compared to Same Week in 2019; Record Thanksgiving Week Occupancy
- Weekly Initial Unemployment Claims Increase to 222,000
- November Vehicles Sales decreased to 12.9 million SAAR
- December 1st COVID-19: Holiday Impacted Data
- Fed's Beige Book: "Economic activity grew at a modest to moderate pace"
- Real House Prices, Price-to-Rent Ratio and Affordability in September
- Construction Spending Increased 0.2% in October
- ISM® Manufacturing index increased to 61.1% in November
- ADP: Private Employment increased 534,000 in November
- MBA: Mortgage Applications Decrease in Latest Weekly Survey
- Wednesday: ADP Employment, ISM Manufacturing, Construction Spending, Beige Book, Vehicle Sales
- November 30th COVID-19: Holiday Impacted Data
November 2021
- Fannie Mae: Mortgage Serious Delinquency Rate Decreased in October
- Las Vegas Visitor Authority for October: Visitor Traffic Down 7.6% Compared to 2019
- FDIC: Problem Banks Declined, Residential REO Declined in Q3
- More on Case-Shiller and FHFA House Price Increases
- Case-Shiller: National House Price Index increased 19.5% year-over-year in September
- Tuesday: Case-Shiller House Prices, FHFA Conforming Loan Limits, Fed Chair Powell Testimony and More
- November 29th COVID-19: Holiday Impacted Data
- 2022 Housing Forecasts
- Fed Chair Powell: "Factors pushing inflation upward will linger well into next year"
- Black Knight: Number of Mortgages in Forbearance Increased Slightly
- Housing Inventory Nov 29th Update: Inventory Down 2.6% Week-over-week
- NAR: Pending Home Sales Increased 7.5% in October
- Seven High Frequency Indicators for the Economy
- Monday: Pending Home Sales
- Philly Fed: State Coincident Indexes Increased in 48 States in October
- Real Estate Newsletter Articles this Week
- Schedule for Week of November 28, 2021
- Energy expenditures as a percentage of PCE
- Four House Price Topics
- Q4 GDP Forecasts: Moving Up
- Five Economic Reasons to be Thankful
- November Vehicle Sales Forecast: Increase to 13.6 million SAAR
- November 24th COVID-19: New Cases and Hospitalizations Increasing
- FOMC Minutes: "Participants expected significant inflation pressures to last for longer than they previously expected"
- New Home Sales: Record 109 thousand homes have not been started
- Personal Income increased 0.5% in October; Spending increased 1.3%
- New Home Sales at 745,000 Annual Rate in October
- Weekly Initial Unemployment Claims Decrease to 199,000
- Q3 GDP Growth Revised up to 2.1% Annual Rate
- MBA: Mortgage Applications Increase in Latest Weekly Survey
- Wednesday: New Home Sales, GDP, Unemployment Claims, Personal Income & Outlays and More
- Freddie Mac: Mortgage Serious Delinquency Rate decreased in October
- November 23rd COVID-19: New Cases and Hospitalizations Increasing
- Final Look: Local Housing Markets in October
- Update: The Coming Deceleration in House Price Growth
- "Mortgage Rates Under Pressure After Powell Nomination and Bond Auctions"
- November 22nd COVID-19: New Cases and Hospitalizations Increasing
- More Analysis on Existing Home Sales
- NAR: Existing-Home Sales Increased to 6.34 million in October
- Housing Inventory Nov 22nd Update: Inventory Down 2.3% Week-over-week
- Seven High Frequency Indicators for the Economy
- Monday: Existing Home Sales
- Recession Measures and NBER
- Real Estate Newsletter Articles this Week
- Schedule for Week of November 21, 2021
- The "Household Conundrum"
- November 19th COVID-19: New Cases Increasing Rapidly
- Lawler: Early Read on Existing Home Sales in October
- 5th Look at Local Housing Markets in October
- Q4 GDP Forecasts: Around 5% to 6%
- Black Knight: Number of Mortgages in Forbearance Increases Slightly
- November 18th COVID-19: One Week to Thanksgiving with Disappointing Numbers
- LA Area Port Traffic: Solid Imports, Weak Exports in October
- Lawler: Investors, Second Homes, and AMH, oh my!
- Housing Predictions: Guesses and the Data
- Hotels: Occupancy Rate Down 4% Compared to Same Week in 2019
- Weekly Initial Unemployment Claims at 268,000
- Thursday: Unemployment Claims, Philly Fed Mfg
- November 17th COVID-19: New Cases and Hospitalizations Increasing
- AIA: "Demand for design services moderates but remains strong" in October
- Most Housing Units Under Construction Since 1974
- Housing Starts Decreased to 1.520 Million Annual Rate in October
- MBA: Mortgage Applications Decrease in Latest Weekly Survey
- Wednesday: Housing Starts, Architecture Billings Index
- November 16th COVID-19: New Cases Increasing, Above 83K per Day
- October California Home Sales
- NAHB: Builder Confidence Increased to 83 in November
- Industrial Production Increased 1.6 Percent in October; Back to Pre-pandemic Levels
- Retail Sales Increased 1.7% in October
- Tuesday: Retail Sales, Industrial Production, Homebuilder Survey
- HUD: FHA'S 2021 Annual Report Shows Increase in Capital Reserves; DTI Remains Elevated
- November 15th COVID-19: New Cases Increasing, Above 80K per Day
- 4th Look at Local Housing Markets in October
- Housing Inventory Nov 15th Update: Inventory Down 1.7% Week-over-week
- Seven High Frequency Indicators for the Economy
- Sunday Night Futures
- The Labor Force Participation Rate
- Real Estate Newsletter Articles this Week
- Schedule for Week of November 14, 2021
- Mortgage Rates Increased This Week
- November 12th COVID-19: New Cases Stuck Above 70,000 per Day
- Q4 GDP Forecasts: Around 5% to 6%
- BLS: Job Openings "Little Changed" at 10.4 Million in September
- Black Knight: Number of Mortgages in Forbearance Declines
- Friday: Job Openings
- 3rd Look at Local Housing Markets in October
- Hotels: Occupancy Rate Down 13% Compared to Same Week in 2019
- "The deal of the Century ..."
- November 10th COVID-19: New Cases Increasing
- Housing: Inventory will Tell the Tale
- Cleveland Fed: Median CPI increased 0.6% and Trimmed-mean CPI increased 0.7% in October
- MBA: "Mortgage Delinquencies Decrease in the Third Quarter of 2021"
- Weekly Initial Unemployment Claims Decrease to 267,000
- BLS: CPI increased 0.9% in October, Core CPI increased 0.6%
- MBA: Mortgage Applications Increase in Latest Weekly Survey
- Wednesday: CPI, Unemployment Claims
- November 9th COVID-19: 16 Days till Thanksgiving and New Cases Stuck at 70,000+ per Day
- 2nd Look at Local Housing Markets in October: Memphis, Nashville, New Hampshire, North Texas (Dallas) and San Diego.
- NY Fed Q3 Report: Total Household Debt Climbs to Over $15 trillion
- Second Home Market: South Lake Tahoe in October
- Tuesday: PPI, Quarterly Report on Household Debt and Credit
- November 8th COVID-19: New Cases Stuck at 70,000+ per Day
- MBA Survey: "Share of Mortgage Loans in Forbearance Decreases to 2.06%"
- Homebuilder Comments in October: “Builders are lifting sales caps"
- Fed Survey: Banks reported Eased Standards, Weaker Demand for Residential Real Estate Loans
- Housing Inventory Nov 8th Update: Inventory Down 3.1% Week-over-week
- Fed Governor Bowman: The U.S. Housing and Mortgage Market: Risks and Resilience
- Seven High Frequency Indicators for the Economy
- Sunday Night Futures
- A Zillow Flip that Flopped
- Real Estate Newsletter Articles this Week
- Schedule for Week of November 7, 2021
- Black Knight: Number of Mortgages in Forbearance Declines
- November 5th COVID-19: "Path of the economy continues to depend on the course of the virus"
- AAR: October Rail Carloads Down Compared to 2019
- 1st Look at Local Housing Markets in October
- Comments on October Employment Report
- October Employment Report: 531 Thousand Jobs, 4.6% Unemployment Rate
- Friday: Employment Report
- Goldman October Payrolls Preview
- November 4th COVID-19: Over 70,000 New Cases per Day
- October Employment Preview
- Hotels: Occupancy Rate Down 6% Compared to Same Week in 2019
- Trade Deficit Increased to $80.9 Billion in September
- Weekly Initial Unemployment Claims Decrease to 269,000
- Thursday: Unemployment Claims, Trade Deficit
- Vehicle Sales, Sales Mix and Heavy Trucks
- November 3rd COVID-19: Over 70,000 New Cases per Day
- FOMC Statement: Taper!
- The Market Impact of the Closure of Zillow Offers
- ISM® Services Index Increased to 66.7% in October
- ADP: Private Employment increased 571,000 in October
- MBA: Mortgage Applications Decrease in Latest Weekly Survey
- Wednesday: FOMC Announcement, ADP Employment, ISM Services
- October Vehicles Sales Increased to 13.0 Million SAAR
- Q3 2021 GDP Details on Residential and Commercial Real Estate
- November 2nd COVID-19: 23 Days till Thanksgiving and Red Flags Flying
- Update: Framing Lumber Prices Up Year-over-year
- HVS: Q3 2021 Homeownership and Vacancy Rates
- CoreLogic: House Prices up 18% YoY in September
- Tuesday: CoreLogic House Prices, Housing Vacancies and Homeownership, Vehicle Sales
- MBA Survey: "Share of Mortgage Loans in Forbearance Decreases to 2.15%"
- November 1st COVID-19: New Cases per Day Increasing
- The Rapid Increase in Rents Continues
- Housing Inventory Nov 1st Update: Inventory Down 2.2% Week-over-week
- Construction Spending Decreased in September
- ISM® Manufacturing index decreased to 60.8% in October
- Seven High Frequency Indicators for the Economy
October 2021
- Monday: ISM Mfg, Construction Spending
- 2022 Housing Forecasts: First Look
- FOMC Preview: Taper Announcement Expected
- Real Estate Newsletter Articles this Week
- Schedule for Week of October 31, 2021
- Fannie Mae: Mortgage Serious Delinquency Rate Decreased in September
- October 29th COVID-19: Still Close to 70,000 Cases per Day
- Early Q4 GDP Forecasts: Around 5% to 6%
- Real Personal Income: Transfer Payments
- Black Knight: Number of Mortgages in Forbearance Declines Slightly
- Personal Income Decreased 1.0% in September, Spending Increased 0.6%
- Friday: Personal Income and Outlays, Chicago PMI
- Las Vegas Visitor Authority for September: Convention Attendance N/A, Visitor Traffic Down 16% Compared to 2019
- October 28th COVID-19: Slow Progress
- Hotels: Occupancy Rate Down 9% Compared to Same Week in 2019
- A Few Comments on Q3 GDP and Investment
- NAR: Pending Home Sales Decreased 2.3% in September
- Weekly Initial Unemployment Claims Decrease to 281,000
- BEA: Real GDP increased at 2.0% Annualized Rate in Q3
- Thursday: GDP, Unemployment Claims, Pending Home Sales
- "No one seems worried about a housing bubble"
- October 27th COVID-19: Slow Progress
- NMHC: October Apartment Market Tightness Index Very High
- Real House Prices, Price-to-Rent Ratio and Price-to-Median Income in August
- MBA: Mortgage Applications Increase in Latest Weekly Survey
- Zillow Case-Shiller House Price Forecast: September Price Growth Will Remain Strong
- Case-Shiller National Index up Record 19.8% Year-over-year in August; The Deceleration is coming
- October 26th COVID-19: 30 Days till Thanksgiving; Need to Get Daily Cases Down Before Holidays
- New Home Sales: Record 106 thousand homes have not been started
- New Home Sales Increase to 800,000 Annual Rate in September
- Case-Shiller: National House Price Index increased 19.8% year-over-year in August
- Tuesday: Case-Shiller House Prices, New Home Sales
- October Vehicle Sales Forecast: "First Month-to-Month Improvement Since April"
- Freddie Mac: Mortgage Serious Delinquency Rate decreased in September
- October 25th COVID-19: Data Released On Monday is Always Low and Revised Up
- MBA Survey: "Share of Mortgage Loans in Forbearance Decreases to 2.21%"
- Housing and Recessions
- Housing Inventory Oct 25th Update: Inventory Down Slightly Week-over-week
- Seven High Frequency Indicators for the Economy
- Sunday Night Futures
- Final Look: Local Housing Markets in September
- Real Estate Newsletter Articles this Week
- Schedule for Week of October 24, 2021
- 30 Year Mortgage Rates "Highest Since April" at 3.27%
- October 22nd COVID-19: Still Over 70,000 New Cases per Day
- The Coming Deceleration in House Price Growth
- Black Knight: "Forbearance Declines Hit Mid-Month Lull"
- Q3 GDP Forecasts: Around 2.5%
- Black Knight: National Mortgage Delinquency Rate Decreased in September
- October 21st COVID-19: Progress
- Hotels: Occupancy Rate Down 10% Compared to Same Week in 2019
- LA Area Port Traffic: Solid Imports, Weak Exports in September
- Median House Price Growth Decelerated for Fourth Consecutive Month
- NAR: Existing-Home Sales Increased to 6.29 million in September
- Weekly Initial Unemployment Claims Decrease to 290,000
- Thursday: Unemployment Claims, Phily Fed Mfg, Existing Home Sales
- 'Some prospective buyers took a break'
- October 20th COVID-19: 3 States Now at or Above 70% of Total Population Vaccinated
- Fed's Beige Book: "Residential real estate activity was unchanged or slowed slightly"
- AIA: "Demand for design services continues to increase" in September
- MBA: Mortgage Applications Decrease in Latest Weekly Survey
- Wednesday: Beige Book, Architecture Billings Index
- October 19th COVID-19: 37 Days till Thanksgiving; Need to Get Daily Cases Down Before Holidays
- Lawler: Early Read on Existing Home Sales in September
- Most Housing Units Under Construction Since 1974
- Housing Starts Decreased to 1.555 Million Annual Rate in September
- Tuesday: Housing Starts
- 4th Look at Local Housing Markets in September; Adding Austin, California, Des Moines, Houston and Maryland
- MBA Survey: "Share of Mortgage Loans in Forbearance Decreases to 2.28%"
- October 18th COVID-19: Data Released On Monday is Always Low and Revised Up
- Housing Inventory Oct 18th Update: Inventory Down Slightly Week-over-week
- NAHB: Builder Confidence Increased to 80 in October
- Industrial Production Decreased 1.3 Percent in September
- Seven High Frequency Indicators for the Economy
- Sunday Night Futures
- Will 4% Mortgage Rates "Halt the Housing Market"? Some comments on an interview with Ivy Zelman
- Newsletter Articles this Week
- Schedule for Week of October 17, 2021
- October 15th COVID-19: Slow Progress
- Q3 GDP Forecasts: Around 2%
- Black Knight: "Significant" Decline in Number of Homeowners in COVID-19-Related Forbearance Plans
- Retail Sales Increased 0.7% in September
- Friday: Retail Sales, NY Fed Mfg
- October 14th COVID-19: 42 Days till Thanksgiving; Need to Get Daily Cases Down Before Holidays
- House Prices to National Average Wage Index
- Hotels: Occupancy Rate Down 9.6% Compared to Same Week in 2019
- Weekly Initial Unemployment Claims Decrease to 293,000
- Thursday: Unemployment Claims, PPI
- October 13th COVID-19: Progress
- FOMC Minutes: "the process of tapering could commence ... in either mid-November or mid-December"
- 3rd Look at Local Housing Markets in September
- Cleveland Fed: Median CPI and Trimmed-mean CPI both increased 0.5% in September
- Cost of Living Adjustment increases 5.9% in 2022, Contribution Base increased to $147,000
- BLS: CPI increased 0.4% in September, Core CPI increased 0.2%
- MBA: Mortgage Applications Increase in Latest Weekly Survey
- Wednesday: CPI, FOMC Minutes
- October 12th COVID-19: 7-Day Average Cases Down Almost 50% from Recent Peak
- Second Home Market: South Lake Tahoe in September
- Will House Prices Increase "a further 16% by the end of 2022"?
- BLS: Job Openings Decrease to 10.4 Million in August
- Tuesday: Job Openings
- MBA Survey: "Share of Mortgage Loans in Forbearance Decreases to 2.62%"
- Goldman on Housing: "Multi-year boom in home prices"
- Mortgage Rates Highest in 6 Months; Refinance Activity Will Slow
- Housing Inventory Oct 11th Update: Inventory Down Slightly Week-over-week
- Seven High Frequency Indicators for the Economy
- Sunday Night Futures
- Reis: Office and Mall Vacancy Rates Decreased Slightly in Q3
- Newsletter Articles this Week
- Schedule for Week of October 10, 2021
- AAR: September Rail Carloads and Intermodal Down Compared to 2019
- October 8th COVID-19: Over 400 Million Doses Administered
- 2nd Look at Local Housing Markets in September: Memphis, Nashville, North Texas (Dallas), Northwest (Seattle), Sacramento and Santa Clara (San Jose)
- Q3 GDP Forecasts: Significant Downgrades
- Reis: Apartment Vacancy Rate Decreased Sharply in Q3
- Comments on September Employment Report
- September Employment Report: 194 Thousand Jobs, 4.8% Unemployment Rate
- Black Knight: Number of Homeowners in COVID-19-Related Forbearance Plans "Largest Weekly Decline in 12 Months"
- Friday: Employment Report
- Hotels: Occupancy Rate Down 9.2% Compared to Same Week in 2019
- Goldman September Payrolls Preview
- October 7th COVID-19: Progress
- Homebuilder Comments in September: “Supply chain, supply chain, supply chain."
- September Employment Preview
- Weekly Initial Unemployment Claims Decrease to 326,000
- Thursday: Unemployment Claims
- October 6th COVID-19: Slow Progress
- 1st Look at Local Housing Markets in September; Denver, Las Vegas and San Diego
- ADP: Private Employment increased 568,000 in September
- MBA: Mortgage Applications Decrease in Latest Weekly Survey
- Wednesday: ADP Employment
- Update: Framing Lumber Prices Up Year-over-year
- October 5th COVID-19: 7-Day Average Cases Falls Below 100K, Lowest since August 3rd
- On Private Lenders Raising the "Conforming Loan Limit"
- ISM® Services Index Increased to 61.9% in September
- Trade Deficit Increased to $73.3 Billion in August
- CoreLogic: House Prices up 18.1% YoY in August, All-Time High YoY Increase
- Tuesday: Trade Deficit, ISM Services
- October 4th COVID-19: 56% of Total Population Fully Vaccinated
- MBA Survey: "Share of Mortgage Loans in Forbearance Decreases to 2.89%"
- Housing Inventory Oct 4th Update: Inventory Down 1% Week-over-week, Up 40% from Low in early April
- Real Personal Income: Transfer Payments
- Black Knight Mortgage Monitor for August: "the longer borrowers remain in forbearance, the higher the post-forbearance non-performance rate"
- Seven High Frequency Indicators for the Economy
- Sunday Night Futures
- Measuring Rents
- Newsletter Articles this Week
- Schedule for Week of October 3, 2021
- September Vehicles Sales Decreased to 12.2 Million SAAR
- October 1st COVID-19: Progress
- As Forbearance Ends
- Q3 GDP Forecasts: More Downgrades
- Construction Spending unchanged in August
- ISM® Manufacturing index increased to 61.1% in September
- Personal Income increased 0.2% in August, Spending increased 0.8%
- Friday: Personal Income & Outlays, ISM Mfg, Construction Spending, Vehicle Sales
September 2021
- September 30th COVID-19: Progress
- Fannie Mae: Mortgage Serious Delinquency Rate Decreased in August
- Q3 2021 Update: Unofficial Problem Bank list Decreased to 59 Institutions
- Las Vegas Visitor Authority for August: Convention Attendance N/A, Visitor Traffic Down 16% Compared to 2019
- Hotels: Occupancy Rate Down 11.0% Compared to Same Week in 2019
- Weekly Initial Unemployment Claims Increase to 362,000
- Q2 GDP Growth Revised up to 6.7% Annual Rate
- Thursday: GDP, Unemployment Claims, Chicago PMI
- September 29th COVID-19: 7-Day Average Cases Off 30% from Recent Peak
- Real House Prices, Price-to-Rent Ratio and Price-to-Median Income in July
- NAR: Pending Home Sales Increased 8.1% in August
- MBA: Mortgage Applications Decrease in Latest Weekly Survey
- September 28th COVID-19
- Wednesday: Pending Home Sales, Fed Chair Powell
- Zillow Case-Shiller House Price Forecast: National Index Growth to Increase Slightly to 20.0% in August
- A few comments on the Seasonal Pattern for House Prices
- Comments on House Prices
- Case-Shiller: National House Price Index increased 19.7% year-over-year in July
- Tuesday: Case-Shiller House Prices, Fed Chair Powell Testimony
- Freddie Mac: Mortgage Serious Delinquency Rate decreased in August
- MBA Survey: "Share of Mortgage Loans in Forbearance Decreases to 2.96%"
- September 27th COVID-19: Data reported on Monday is always low, and will be revised up as data is received
- Mortgage Rates Increasing
- Housing Inventory Sept 27th Update: Inventory Down Slightly Week-over-week, Up 41% from Low in early April
- Seven High Frequency Indicators for the Economy
- Sunday Night Futures
- The Home ATM, aka Mortgage Equity Withdrawal (MEW)
- Newsletter Articles this Week
- Schedule for Week of September 26, 2021
- Black Knight: Number of Homeowners in COVID-19-Related Forbearance Plans Declined Slightly
- September 24th COVID-19: 7-Day Average Cases off 27% from Recent Peak
- Q3 GDP Forecasts: Around 4.5%
- Comments on August New Home Sales
- New Home Sales Increase to 740,000 Annual Rate in August
- September Vehicle Sales Forecast: "Disappearing Inventory Taking U.S. Light-Vehicle Sales to Another Low in September"
- Friday: New Home Sales
- September 23rd COVID-19: 55% of Americans Fully Vaccinated
- Existing Home Sales: Some Regional Differences Appear
- Hotels: Occupancy Rate Down 11.6% Compared to Same Week in 2019
- Fed's Flow of Funds: Household Net Worth Increased $5.9 Trillion in Q2
- CoreLogic: 1.2 Million Homes with Negative Equity in Q2 2021
- Weekly Initial Unemployment Claims increase to 351,000
- Thursday: Unemployment Claims, Q2 Flow of Funds
- September 22nd COVID-19: 7-Day Average New Cases Off 20% from Recent High
- Black Knight: National Mortgage Delinquency Rate Decreased in August
- FOMC Projections and Press Conference
- FOMC Statement: No Policy Change; Taper "May soon be warranted"
- AIA: "Architecture billings continue to increase" in August
- Comments on August Existing Home Sales
- NAR: Existing-Home Sales Decreased to 5.88 million in August
- MBA: Mortgage Applications Increase in Latest Weekly Survey
- Wednesday: Existing Home Sales, FOMC Announcement
- September 21st COVID-19: 7-day average deaths is the highest since February
- Prime Age Participation Rate
- Comments on August Housing Starts
- Housing Starts increased to 1.615 Million Annual Rate in August
- Tuesday: Housing Starts
- MBA Survey: "Share of Mortgage Loans in Forbearance Decreases to 3.00%"
- September 20th COVID-19: Data reported on Monday is always low, and will be revised up as data is received
- Housing Inventory Sept 20th Update: Inventory Up 1.2% Week-over-week, Up 42% from Low in early April
- NAHB: Builder Confidence Increased to 76 in September
- Seven High Frequency Indicators for the Economy
- Monday: NAHB Homebuilder Survey
- FOMC Preview: Tapering "Advance Notice" Likely
- Newsletter Articles this Week
- Schedule for Week of September 19, 2021
- Urban Institute: Median 95% LTV for New Mortgage Originations (Only 5% Downpayment)
- September 17th COVID-19: Over 180 Million Fully Vaccinated
- Lawler: Early Read on Existing Home Sales in August
- 5 More Local Housing Markets in August
- Q3 GDP Forecasts: Around 4.5%
- Black Knight: Number of Homeowners in COVID-19-Related Forbearance Plans Decreased
- September 16th COVID-19: Over 180 Million Fully Vaccinated
- Household Formation Drives Housing Demand
- Hotels: Occupancy Rate Down 13.6% Compared to Same Week in 2019
- Retail Sales Increased 0.7% in August
- Weekly Initial Unemployment Claims increase to 332,000
- Thursday: Retail Sales, Unemployment Claims, Philly Fed Mfg
- September 15th COVID-19: 2,000 Deaths Reported Today, Most since February
- LA Area Port Traffic: Solid Imports, Weak Exports in August
- Another 5 Local Housing Markets in August
- Industrial Production Increased 0.4 Percent in August
- MBA: Mortgage Applications Increase in Latest Weekly Survey
- Wednesday: NY Fed Mfg, Industrial Production
- September 14th COVID-19: Almost 1 Million Doses per Day
- House Price to Median Income
- Cleveland Fed: Key Measures of Inflation in August
- Early Look at 2022 Cost-Of-Living Adjustments and Maximum Contribution Base
- BLS: CPI increased 0.3% in August, Core CPI increased 0.1%
- September 13th COVID-19: Data reported on Monday is always low, and will be revised up as data is received
- Tuesday: CPI
- MBA Survey: "Share of Mortgage Loans in Forbearance Decreases to 3.08%"
- Second Home Market: South Lake Tahoe in August
- 5 Additional Local Housing Markets in August: Albuquerque, Colorado, Houston, Memphis and Nashville
- Housing Inventory Sept 13th Update: Inventory Down 1.4% Week-over-week, Up 41% from Low in early April
- Seven High Frequency Indicators for the Economy
- Sunday Night Futures
- The Rapid Increase in Rents
- Newsletter Articles this Week
- Schedule for Week of September 12, 2021
- FDIC: Problem Banks Declined, Residential REO Declined in Q2
- September 10th COVID-19: A Little Progress
- 4 More Local Housing Markets in August: Atlanta, New Hampshire, Portland, Sacramento
- Q3 GDP Forecasts: Downgraded to Around 4%
- Hotels: Occupancy Rate Unchanged Compared to Same Week in 2019
- Black Knight: Number of Homeowners in COVID-19-Related Forbearance Plans Decreased
- Portland Real Estate in August: Sales Up 2% YoY, Inventory Down 23% YoY
- COVID and the Economy
- September 9th COVID-19: Some Progress
- Leading Index for Commercial Real Estate "Loses Steam in August"
- 6 Local Housing Markets in August
- Weekly Initial Unemployment Claims decrease to 310,000
- Las Vegas Real Estate in August: Sales up 14% YoY, Inventory down 36% YoY
- Homebuilder Comments in August: “Supply shortages are getting worse."
- September 8th COVID-19: Cases Might Have Peaked
- Fed's Beige Book: "Economic growth downshifted slightly to a moderate pace"
- Black Knight Mortgage Monitor for July; Tappable Equity Rises to All-Time High of $9.1 Trillion
- BLS: Job Openings Increase to Series High 10.9 Million in July
- Forbearance Will Not Lead to a Huge Wave of Foreclosures
- MBA: Mortgage Applications Decrease in Latest Weekly Survey
- Wednesday: Job Openings, Beige Book
- Northwest Real Estate in August: Sales up 7% YoY, Inventory down 23% YoY
- MBA Survey: "Share of Mortgage Loans in Forbearance Decreases to 3.23%"
- September 7th COVID-19: Data reported after Holidays is always low and will be revised up
- Update: Framing Lumber Prices Up Year-over-year
- Seven High Frequency Indicators for the Economy
- CoreLogic: House Prices up 18.0% YoY in July, All-Time High YoY Increase
- Monday Night Futures
- Housing: A Look at "Affordability" Indexes
- Housing Inventory Sept 6th Update: Inventory Up 1.4% Week-over-week, Up 43% from Low in early April
- Denver Real Estate in August: Sales Down 15% YoY, Active Inventory Down 35% YoY
- The Employment Situation is Worse than the Unemployment Rate Indicates
- Schedule for Week of September 5, 2021
- CalculatedRisk Newsletter
- September 3rd COVID-19: Vaccination Rate has Increased, Over 1,500 Deaths Reported Today
- AAR: August Rail Carloads and Intermodal Down Compared to 2019
- Black Knight: Number of Homeowners in COVID-19-Related Forbearance Plans Decreased
- Comments on August Employment Report
- August Employment Report: 235 Thousand Jobs, 5.2% Unemployment Rate
- Friday: Employment Report
- Real House Prices, Price-to-Rent Ratio and Price-to-Median Income in June
- September 2nd COVID-19: New Cases Still Increasing, Deaths Averaging Over 1,000 per Day
- August Employment Preview
- Hotels: Occupancy Rate Down 8% Compared to Same Week in 2019
- August Vehicles Sales Decreased to 13.06 Million SAAR
- Trade Deficit Decreased to $70.1 Billion in July
- Weekly Initial Unemployment Claims decrease to 340,000
- Thursday: Vehicle sales decline sharply in August, Weekly Claims, Trade Balance
- September 1st COVID-19: New Cases May be Peaking at Average 150,000 per Day
- Zillow Case-Shiller House Price Forecast: 20%+ Year-over-year in July
- Construction Spending increased 0.3% in July
- ISM® Manufacturing index increased to 59.9% in August
- ADP: Private Employment increased 374,000 in August
- MBA: Mortgage Applications Decrease in Latest Weekly Survey
- Wednesday: ADP Employment, ISM Mfg, Construction Spending, Vehicle Sales
August 2021
- Freddie Mac: Mortgage Serious Delinquency Rate decreased in July
- Fannie Mae: Mortgage Serious Delinquency Rate Decreased in July
- August 31st COVID-19: Cases May be Peaking at Average 150,000 per Day
- House Prices Increase Sharply in June
- Reis: Office and Mall Vacancy Rates Increased in Q2
- Case-Shiller: National House Price Index increased 18.6% year-over-year in June
- Tuesday: Case-Shiller House Prices
- MBA Survey: "Share of Mortgage Loans in Forbearance Remains Unchanged at 3.25%"
- August 30th COVID-19: Data reported on Monday is always low, and will be revised up as data is received
- Housing: Inventory is the Key Metric in 2021
- Reis: Apartment Vacancy Rate unchanged in Q2 at 5.3%
- Housing Inventory August 30th Update: Inventory Unchanged Week-over-week, Up 41% from Low in early April
- NAR: Pending Home Sales Decreased 1.8% in July
- Seven High Frequency Indicators for the Economy
- Monday: Pending Home Sales, Dallas Fed Mfg
- August 29th COVID-19: Posting on Weekdays Only Going Forward
- Energy expenditures as a percentage of PCE
- Real Personal Income: Transfer Payments
- Schedule for Week of August 29, 2021
- CalculatedRisk Newsletter
- August 27th COVID-19: Cases Might be Peaking
- Forbearance, Delinquencies and Foreclosure
- Q3 GDP Forecasts: Around 5.5%
- Black Knight: Number of Homeowners in COVID-19-Related Forbearance Plans Increased Slightly
- Fed Chair Powell: "It could be appropriate to start reducing the pace of asset purchases this year"
- Personal Income increased 1.1% in July, Spending increased 0.3%
- Friday: Personal Income & Outlays, Fed Chair Powell Speaks
- August 26th COVID-19: Over 1,200 Deaths, Almost 90,000 Hospitalized, 165,000 Cases Reported Today
- Las Vegas Visitor Authority for July: Convention Attendance N/A, Visitor Traffic Down 10% Compared to 2019
- How Much will the Fannie & Freddie Conforming Loan Limit Increase for 2022?
- Hotels: Occupancy Rate Down 9% Compared to Same Week in 2019
- Weekly Initial Unemployment Claims increase to 353,000
- Q2 GDP Growth Revised up to 6.6% Annual Rate
- Thursday: GDP, Unemployment Claims
- August 25th COVID-19: 7-Day Average New Cases Highest Since January
- Philly Fed: State Coincident Indexes Increased in 46 States in July
- REALTORS® Confidence Index Survey July 2021: "Demand is cooling in a moderately strong market"
- MBA: Mortgage Applications Increase in Latest Weekly Survey
- August Vehicle Sales Forecast: "Light-Vehicle Sales to Continue Downward Spiral"
- Alabama Real Estate in July: Sales Down 1% YoY, Inventory Down 29% YoY
- August 24th COVID-19: Cases Might be Peaking
- New Home Prices
- A few Comments on July New Home Sales
- New Home Sales Increase to 708,000 Annual Rate in July
- New York State Real Estate in July: Sales Up 22% YoY, Inventory Down 46% YoY
- South Florida Real Estate in July: Sales Up 22% YoY, Inventory Down 46% YoY
- Tuesday: New Home Sales, Richmond Fed Mfg
- August 23rd COVID-19: Data reported on Monday is always low, and will be revised up as data is received
- MBA Survey: "Share of Mortgage Loans in Forbearance Slightly Decreases to 3.25%"
- Comments on July Existing Home Sales
- Housing Inventory August 23rd Update: Inventory Increased Week-over-week, Up 41% from Low in early April
- NAR: Existing-Home Sales Increased to 5.99 million in July
- Seven High Frequency Indicators for the Economy
- Monday: Existing Home Sales
- August 22nd COVID-19: Averaging Over 1 Million Doses Administered Last 4 Days
- Columbus Real Estate in July: Sales Up 3% YoY, Inventory UP 4% YoY
- 30 Year Mortgage Rates "Stuck in the Middle" at 2.93%
- Indiana Real Estate in July: Sales Down 7% YoY, Inventory Down 25% YoY
- August 21st COVID-19: Hospitalizations over 80,000, Cases and Deaths Increasing
- Schedule for Week of August 22, 2021
- California July Housing: Sales down 2% YoY, "Home sales and prices curb in July"
- August 20th COVID-19: Cases May be Peaking
- Real Estate Agent Comments in August: “Buyer fatigue, Inventory gridlock"
- Q3 GDP Forecasts: Downward Revisions
- Black Knight: Number of Homeowners in COVID-19-Related Forbearance Plans Increased Slightly
- Black Knight: National Mortgage Delinquency Rate Decreased in July
- Existing Home Inventory in July: Local Markets
- August 19th COVID-19: Over 1,000 Deaths, Over 75,000 Hospitalized, Almost 160,000 Cases Reported Today
- Central Texas (Austin) Real Estate in July: Sales Down 9% YoY, Inventory Down 24% YoY
- Phoenix Real Estate in July: Sales Down 15% YoY, Active Inventory Down 16% YoY
- Rhode Island Real Estate in July: Sales Down 9% YoY, Inventory Down 24% YoY
- Hotels: Occupancy Rate Down 8% Compared to Same Week in 2019; "Leisure demand wanes"
- MBA: "Mortgage Delinquencies Decrease in the Second Quarter of 2021"
- Weekly Initial Unemployment Claims decrease to 348,000
- Thursday: Unemployment Claims, Philly Fed Mfg
- August 18th COVID-19: Average Daily Deaths have Tripled Since Low in July
- Lawler: Early Read on Existing Home Sales in July
- FOMC Minutes: "It could be appropriate to start reducing the pace of asset purchases this year"
- AIA: "Demand for design activity continues to expand" in July
- Employment: Preliminary annual benchmark revision shows downward adjustment of 166,000 jobs
- Comments on July Housing Starts
- Housing Starts decreased to 1.534 Million Annual Rate in July
- MBA: Mortgage Applications Decrease in Latest Weekly Survey
- Wednesday: Housing Starts, Preliminary Employment Benchmark, FOMC Minutes
- August 17th COVID-19: Wave Still Increasing
- LA Area Port Traffic: Solid Imports, Weak Exports in July
- NAHB: Builder Confidence Declined to 75 in August
- Industrial Production Increased 0.9 Percent in July
- Retail Sales Decreased 1.1% in July
- Tuesday: Retail Sales, Industrial Production, Homebuilder Survey and More
- August 16th COVID-19: Data reported on Monday is always low, and is revised up as data is received
- MBA Survey: "Share of Mortgage Loans in Forbearance Decreases to 3.26%"
- Boston Real Estate in July: Sales Up 14% YoY, Inventory Down 23% YoY
- Housing Inventory August 16th Update: Inventory Increased Week-over-week, Up 38% from Low in early April
- Seven High Frequency Indicators for the Economy
- Sunday Night Futures
- August 15th COVID-19: 2nd Worst Wave Continues
- Memphis Real Estate in July: Sales Up 21% YoY, Inventory Down 14% YoY
- Nashville Real Estate in July: Sales Down 8% YoY, Inventory Down 43% YoY
- Albuquerque Real Estate in July: Sales Down 11% YoY, Inventory Down 40% YoY
- August 14th COVID-19: Over 70,000 Hospitalized Today, Over 800 Deaths
- Jacksonville Real Estate in July: Sales Down 16% YoY, Inventory Down 40% YoY
- Schedule for Week of August 15, 2021
- August 13th COVID-19: Over 140,000 New Cases Reported Today
- Santa Clara Real Estate in July: Sales Up 29% YoY, Inventory Down 7% YoY
- Early Q3 GDP Forecasts: Around 6% to 7% with "Significant downside risk"
- Black Knight: Number of Homeowners in COVID-19-Related Forbearance Plans Decreased
- San Diego Real Estate in July: Sales Down 4% YoY, Inventory Down 42% YoY
- August 12th COVID-19: Crisis in Florida and Texas
- South Carolina Real Estate in July: Sales Down 10% YoY, Inventory Down 40% YoY
- Maryland Real Estate in July: Sales Down 3% YoY, Inventory Down 31% YoY
- Hotels: Occupancy Rate Down 8% Compared to Same Week in 2019
- Minnesota Real Estate in July: Sales Down 9% YoY, Inventory Down 30% YoY
- Weekly Initial Unemployment Claims decrease to 375,000
- Thursday: Unemployment Claims, PPI
- August 11th COVID-19: Over 132 Thousand New Cases, 664 Deaths Reported Today
- Des Moines Real Estate in July: Sales Down 9% YoY, Inventory Down 25% YoY
- Early Look at 2022 Cost-Of-Living Adjustments and Maximum Contribution Base
- Houston Real Estate in July: Sales Down 4% YoY, Inventory Down 21% YoY
- Charlotte Region Real Estate in July: Sales Down 10% YoY, Inventory Down 42% YoY
- Cleveland Fed: Key Measures of Inflation in July
- Colorado Real Estate in July: Sales Down 13% YoY, Inventory Down 49% YoY
- BLS: CPI increased 0.5% in July, Core CPI increased 0.3%
- MBA: Mortgage Applications Increase in Latest Weekly Survey
- Wednesday: CPI
- Sacramento Real Estate in July: Sales down 11% YoY, Active Inventory UP 27% YoY
- August 10th COVID-19: New Cases, Hospitalizations, Vaccinations
- Portland Real Estate in July: Sales Up 1% YoY, Inventory Down 23% YoY
- Second Home Market: South Lake Tahoe in July
- Atlanta Real Estate in July: Sales Down 6% YoY, Inventory Down 44% YoY
- New Hampshire Real Estate in July: Sales Down 15% YoY, Inventory Down 37% YoY
- MBA Survey: "Share of Mortgage Loans in Forbearance Decreases to 3.40%"
- August 9th COVID-19: New Cases, Hospitalizations, Vaccinations
- Fannie and Freddie: REO inventory declined in Q2, Down 49% Year-over-year
- North Texas Real Estate in July: Sales Down 16% YoY, Inventory Down 33% YoY
- Housing Inventory August 9th Update: Inventory Increased Slightly Week-over-week, Up 34% from Low in early April
- BLS: Job Openings Increase to Series High 10.1 Million in June
- Seven High Frequency Indicators for the Economy
- Monday: Job Openings
- August 8th COVID-19: 7-Day Average Hospitalizations Over 50,000
- Leading Index for Commercial Real Estate "Pulls Back in July"
- August 7th COVID-19: 125,000 New Cases Reported Today
- Schedule for Week of August 8, 2021
- August 6th COVID-19: 2nd Worst Wave Continues to Increase
- Las Vegas Real Estate in July: Sales up 5% YoY, Inventory down 43% YoY
- AAR: July Rail Carloads down, Intermodal Down Compared to 2019
- Homebuilder Comments in July: “The frenzy is over, but things are still strong"
- Black Knight: Number of Homeowners in COVID-19-Related Forbearance Plans Decreased
- Comments on July Employment Report
- July Employment Report: 943 Thousand Jobs, 5.4% Unemployment Rate
- Friday: Employment Report
- Goldman July Payrolls Preview
- Northwest Real Estate in July: Sales up 11% YoY, Inventory down 23% YoY
- August 5th COVID-19
- July Employment Preview
- Hotels: Occupancy Rate Down 6% Compared to Same Week in 2019
- Trade Deficit Increased to $75.7 Billion in June
- Weekly Initial Unemployment Claims decrease to 385,000
- Thursday: Trade Deficit, Unemployment Claims
- August 4th COVID-19: Second Worst Wave for Cases and Hospitalizations
- Denver Real Estate in July: Sales Down 21% YoY, Active Inventory Down 37% YoY
- ISM® Services Index Increased to 64.1% in July
- July Vehicles Sales Decreased to 14.75 Million SAAR
- ADP: Private Employment increased 330,000 in July
- MBA: Mortgage Applications Decrease in Latest Weekly Survey
- Wednesday: ADP Employment, ISM Services
- August 3rd COVID-19, New Cases, Hospitalizations, Vaccinations
- Update: Framing Lumber Prices Down Year-over-year
- 30 Year Mortgage Rates Decline to 2.80%
- NY Fed Q2 Report: Total Household Debt Increased in Q2 2021
- CoreLogic: House Prices up 17.2% Year-over-year in June
- Tuesday: Vehicle Sales, NY Fed Quarterly Report on Household Debt and Credit
- Fed Survey: Banks reported Eased Standards, Increased Demand for Residential Real Estate Loans
- August 2nd COVID-19, New Cases, Hospitalizations, Vaccinations
- MBA Survey: "Share of Mortgage Loans in Forbearance Slightly Decreases to 3.47%"
- Black Knight Mortgage Monitor for June; Large Number of Forbearance Plans Expire in Sept and Oct
- Housing Inventory August 2nd Update: Inventory Increased Slightly Week-over-week, Up 33% from Low in early April
- Construction Spending increased 0.1% in June
- ISM® Manufacturing index Decreased to 59.5% in July
- Seven High Frequency Indicators for the Economy
- Monday: ISM Mfg, Construction Spending
- A Few Comments on Inflation
- August 1st COVID-19, New Cases, Hospitalizations, Vaccinations
July 2021
- July 31st COVID-19, New Cases, Hospitalizations, Vaccinations; Already 2nd Worst Wave for Cases
- Schedule for Week of August 1, 2021
- Fannie Mae: Mortgage Serious Delinquency Rate Decreased in June
- July 30th COVID-19, New Cases, Hospitalizations, Vaccinations
- Initial Q3 GDP Forecasts: 6% to 9% Range
- Q2 2021 GDP Details on Residential and Commercial Real Estate
- Black Knight: Number of Homeowners in COVID-19-Related Forbearance Plans Increased Slightly
- Personal Income increased 0.1% in June, Spending increased 1.0%
- Friday: Personal Income and Outlays
- July 29th COVID-19, New Cases, Hospitalizations, Vaccinations
- Las Vegas Visitor Authority for June: Convention Attendance N/A, Visitor Traffic Down 18% Compared to 2019
- Hotels: Occupancy Rate Down 8% Compared to Same Week in 2019
- NAR: Pending Home Sales Decreased 1.9% in June
- A Few Comments on Q2 GDP
- Weekly Initial Unemployment Claims decrease to 400,000
- BEA: Real GDP increased at 6.5% Annualized Rate in Q2
- Thursday: GDP, Unemployment Claims, Pending Home Sales
- July 28th COVID-19, New Cases, Hospitalizations, Vaccinations
- FOMC Statement: No Policy Change; Economy has "made progress"
- Zillow Case-Shiller House Price Forecast: "Expected to decelerate", 16.2% YoY in June
- A few comments on the Seasonal Pattern for House Prices
- MBA: Mortgage Applications Increase in Latest Weekly Survey
- Wednesday: FOMC Announcement
- July 27th COVID-19, New Cases, Hospitalizations, Vaccinations
- House Prices and Inventory
- Real House Prices and Price-to-Rent Ratio in April
- HVS: Q2 2021 Homeownership and Vacancy Rates
- Case-Shiller: National House Price Index increased 16.6% year-over-year in May
- Tuesday: Case-Shiller House Prices, Q2 Housing Vacancies and Homeownership
- Freddie Mac: Mortgage Serious Delinquency Rate decreased in June
- July 26th COVID-19, New Cases, Hospitalizations, Vaccinations
- MBA Survey: "Share of Mortgage Loans in Forbearance Slightly Decreases to 3.48%"
- Housing Inventory July 26th Update: Inventory Increased 3% Week-over-week, Up 31% from Low in early April
- A few Comments on June New Home Sales
- New Home Sales Decrease to 676,000 Annual Rate in June
- Seven High Frequency Indicators for the Economy
- Monday: New Home Sales
- July 25th COVID-19, New Cases, Hospitalizations, Vaccinations
- FOMC Preview: Probably Too Soon for Hints on Tapering
- July 24th COVID-19, New Cases, Hospitalizations, Vaccinations
- Schedule for Week of July 25, 2021
- July 23rd COVID-19, New Cases, Hospitalizations, Vaccinations
- July Vehicle Sales Forecast: "Sales to Continue Free-Fall"
- REALTORS® Confidence Index Survey June 2021
- Q2 GDP Forecasts: Around 8%
- Black Knight: Number of Homeowners in COVID-19-Related Forbearance Plans Increased Slightly
- Hotels: Occupancy Rate Down 9% Compared to Same Week in 2019
- July 22nd COVID-19, New Cases, Hospitalizations, Vaccinations
- Comments on June Existing Home Sales
- Black Knight: National Mortgage Delinquency Rate Decreased in June
- NMHC: July Apartment Market Tightness Index Highest on Record
- NAR: Existing-Home Sales Increased to 5.86 million in June
- Weekly Initial Unemployment Claims increase to 419,000
- Thursday: Unemployment Claims, Existing Home Sales
- Existing Home Inventory in June: Local Markets
- July 21st COVID-19, New Cases, Hospitalizations, Vaccinations
- Alabama Real Estate in June: Sales Up 15% YoY, Inventory Down 40% YoY
- CoreLogic: Single-Family Rents Up 6.6% Year Over Year in May
- AIA: "Architecture Billings Index robust growth continues" in June
- MBA: Mortgage Applications Decrease in Latest Weekly Survey
- July 20th COVID-19, New Cases, Hospitalizations, Vaccinations
- Indiana Real Estate in June: Sales Up 9% YoY, Inventory Down 36% YoY
- Existing Home Sales: Lawler vs. the Consensus
- Comments on June Housing Starts
- Housing Starts increased to 1.643 Million Annual Rate in June
- Tuesday: Housing Starts
- Phoenix Real Estate in June: Sales Up 2% YoY, Active Inventory Down 33% YoY
- MBA Survey: "Share of Mortgage Loans in Forbearance Decreases to 3.50%"
- July 19th COVID-19, New Cases, Hospitalizations, Vaccinations
- NBER: Recession Trough in April 2020
- Housing Inventory July 19th Update: Inventory Increased 5% Week-over-week, Up 27% from Low in early April
- NAHB: Builder Confidence Declined to 80 in July
- Seven High Frequency Indicators for the Economy
- Monday: Homebuilder Survey
- July 18th COVID-19, New Cases, Hospitalizations, Vaccinations
- Charlotte Region Real Estate in June: Sales Up 12% YoY, Inventory Down 52% YoY
- July 17th COVID-19, New Cases, Hospitalizations, Vaccinations
- Schedule for Week of July 18, 2021
- California June Housing: Sales up 28% YoY, "Market momentum appears to be moderating"
- Lawler: Early Read on Existing Home Sales in June
- July 16th COVID-19, New Cases, Hospitalizations, Vaccinations
- Q2 GDP Forecasts: Forecasts Down to around 8%
- Black Knight: Number of Homeowners in COVID-19-Related Forbearance Plans Declined Slightly
- Retail Sales Increased 0.6% in June
- Friday: Retail Sales
- July 15th COVID-19, New Cases, Hospitalizations, Vaccinations
- Sacramento Real Estate in June: Sales up 14% YoY, Active Inventory down 13% YoY
- LA Area Port Traffic: Solid Imports, Weak Exports in June
- Hotels: Occupancy Rate Down 9% Compared to Same Week in 2019
- Industrial Production Increased 0.4 Percent in June
- Weekly Initial Unemployment Claims decrease to 360,000
- Thursday: Unemployment Claims, NY and Philly Fed Mfg, Industrial Production, Fed Chair Powell
- Preliminary Existing Home Inventory June: Local Markets
- July 14th COVID-19, New Cases, Hospitalizations, Vaccinations
- Houston Real Estate in June: Sales Up 17% YoY, Inventory Down 31% YoY
- Maryland Real Estate in June: Sales Up 24% YoY, Inventory Down 45% YoY
- Rhode Island Real Estate in June: Sales Up 31% YoY, Inventory Down 33% YoY
- Fed Chair Powell: Semiannual Monetary Policy Report to the Congress
- First Look at 2022 Cost-Of-Living Adjustments and Maximum Contribution Base
- MBA: Mortgage Applications Increase in Latest Weekly Survey
- Wednesday: PPI, Fed Chair Powell Testimony, Beige Book
- A Few Excerpts from a Local Commercial Real Estate Report: "Good news is construction activity has all but stopped"
- July 13th COVID-19, New Cases, Hospitalizations, Vaccinations
- Minnesota Real Estate in June: Sales Up 13% YoY, Inventory Down 41% YoY
- Colorado Real Estate in June: Sales Up 9% YoY, Inventory Down 59% YoY
- Cleveland Fed: Key Measures Show Inflation Increased in June
- Second Home Market: South Lake Tahoe in June
- BLS: CPI increased 0.9% in June, Core CPI increased 0.9%
- Tuesday: CPI
- MBA Survey: "Share of Mortgage Loans in Forbearance Decreases to 3.76%"
- July 12th COVID-19 New Cases, Vaccinations, Hospitalizations
- South Carolina Real Estate in June: Sales Up 15% YoY, Inventory Down 49% YoY
- Boston Real Estate in June: Sales Up 77% YoY, Inventory Down 19% YoY
- Housing Inventory July 12th Update: Inventory Unchanged Week-over-week, Up 22% from Low in early April
- Black Knight Mortgage Monitor for May; Highest Annual Home Price Increase on Record
- Seven High Frequency Indicators for the Economy
- Sunday Night Futures
- July 11th COVID-19 New Cases, Vaccinations, Hospitalizations
- Atlanta Real Estate in June: Sales Up 10% YoY, Inventory Down 56% YoY
- July 10th COVID-19 New Cases, Vaccinations, Hospitalizations
- Schedule for Week of July 11, 2021
- Portland Real Estate in June: Sales Up 28% YoY, Inventory Down 34% YoY
- July 9th COVID-19 New Cases, Vaccinations, Hospitalizations
- Q2 GDP Forecasts: Around 9%
- AAR: June Rail Carloads down, Intermodal Up Compared to 2019
- Hotels: Occupancy Rate Down Slightly Compared to Same Week in 2019
- Black Knight: Number of Homeowners in COVID-19-Related Forbearance Plans Decreased Sharply
- North Texas Real Estate in June: Sales Down Slightly YoY, Inventory Down 50% YoY
- July 8th COVID-19 New Cases, Vaccinations, Hospitalizations
- New Hampshire Real Estate in June: Sales Up 6% YoY, Inventory Down 31% YoY
- NMHC: Rent Payment Tracker Shows Households Paying Rent Decreased Slightly YoY in Early July
- Leading Index for Commercial Real Estate "Loses Steam In June"
- Weekly Initial Unemployment Claims increase to 373,000
- Northwest Real Estate in June: Sales up 31% YoY, Inventory down 34% YoY
- FOMC Minutes: "Inflation Risks tilted to upside", Begin reducing asset purchases "somewhat earlier"
- July 7th COVID-19 New Cases, Vaccinations, Hospitalizations
- Las Vegas Real Estate in June: Sales up 53% YoY, Inventory down 46% YoY
- BLS: Job Openings "Little Changed" at 9.2 Million in May
- MBA: Mortgage Applications Decrease in Latest Weekly Survey
- Wednesday: Job Openings, FOMC Minutes
- July 6th COVID-19 New Cases, Vaccinations, Hospitalizations
- MBA Survey: "Share of Mortgage Loans in Forbearance Decreases to 3.87%"
- Denver Real Estate in June: Sales Down 1% YoY, Active Inventory Down 51% YoY
- Seven High Frequency Indicators for the Economy
- ISM® Services Index Decreased to 60.1% in June
- CoreLogic: House Prices up 15.4% Year-over-year in May
- Tuesday: ISM Services
- Homebuilder Comments in June: “It’s not fun to be a builder anymore.”
- Housing Inventory July 5th Update: Inventory Increased Week-over-week
- Employment: June Diffusion Indexes
- July 4th COVID-19 New Cases, Vaccinations, Hospitalizations
- By Request: Public and Private Sector Payroll Jobs During Presidential Terms
- July 3rd COVID-19 New Cases, Vaccinations, Hospitalizations
- 30 Year Mortgage Rates at 3.16%
- Schedule for Week of July 4, 2021
- July 2nd COVID-19 New Cases, Vaccinations, Hospitalizations
- Trade Deficit Increased to $71.2 Billion in May
- Q2 GDP Forecasts: Revised Down, under 10%
- June Vehicles Sales Decreased Sharply to 15.36 Million SAAR
- Comments on June Employment Report
- June Employment Report: 850 Thousand Jobs, 5.9% Unemployment Rate
- Black Knight: Number of Homeowners in COVID-19-Related Forbearance Plans Decreased
- Friday: Employment Report, Trade Deficit
- June Employment Preview
- Goldman June Payrolls Preview
- July 1st COVID-19 New Cases, Vaccinations, Hospitalizations
- Hotels: Occupancy Rate Down 7% Compared to Same Week in 2019
- Construction Spending decreased 0.3% in May
- ISM® Manufacturing index Decreased to 60.6% in June
- Weekly Initial Unemployment Claims decrease to 364,000
- Thursday: Unemployment Claims, ISM Mfg, Construction Spending, Vehicle Sales
June 2021
- June 30th COVID-19 New Cases, Vaccinations, Hospitalizations
- Fannie Mae: Mortgage Serious Delinquency Rate Decreased in May
- Las Vegas Visitor Authority for May: No Convention Attendance, Visitor Traffic Down 22% Compared to 2019
- Update: Framing Lumber Prices Down Sharply from Recent Peak, Up Solidly Year-over-year
- NAR: Pending Home Sales Increased 8.0% in May
- ADP: Private Employment increased 692,000 in June
- MBA: Mortgage Applications Decrease in Latest Weekly Survey
- Wednesday: ADP Employment, Pending Home Sales
- Zillow Case-Shiller House Price Forecast: "No Sign of Slowing", 16.2% YoY in May
- June 29th COVID-19 New Cases, Vaccinations, Hospitalizations
- House Prices and Inventory
- Real House Prices and Price-to-Rent Ratio in April
- Case-Shiller: National House Price Index increased 14.6% year-over-year in April
- Tuesday: Case-Shiller House Prices
- MBA Survey: "Share of Mortgage Loans in Forbearance Slightly Decreases to 3.91%"
- June 28th COVID-19 New Cases, Vaccinations, Hospitalizations
- Housing Inventory June 28th Update: Inventory Increased Week-over-week
- Seven High Frequency Indicators for the Economy
- Sunday Night Futures
- June 27th COVID-19 New Cases, Vaccinations, Hospitalizations
- Q2 2021 Update: Unofficial Problem Bank list Decreased to 65 Institutions
- June 26th COVID-19 New Cases, Vaccinations, Hospitalizations
- Schedule for Week of June 27, 2021
- Real Personal Income less Transfer Payments Above Previous Peak
- June 25th COVID-19 New Cases, Vaccinations, Hospitalizations
- Q2 GDP Forecasts: 8% to 10%
- Black Knight: Number of Homeowners in COVID-19-Related Forbearance Plans Increased Slightly
- Personal Income decreased 2.0% in May, Spending increased Slightly
- Friday: Personal Income and Outlays
- Freddie Mac: Mortgage Serious Delinquency Rate decreased in May
- New Home Prices
- June 24th COVID-19 New Cases, Vaccinations, Hospitalizations
- June Vehicle Sales Forecast: Supply Issues Pull Down Sales Again
- Hotels: Occupancy Rate Down 10% Compared to Same Week in 2019
- Weekly Initial Unemployment Claims decrease to 411,000
- Q1 GDP Growth Unchanged at 6.4% Annual Rate
- Thursday: GDP, Unemployment Claims, Durable Goods, Bank Stress Tests
- June 23rd COVID-19 New Cases, Vaccinations, Hospitalizations
- AIA: "Architecture billings continue historic rebound" in May
- Black Knight: National Mortgage Delinquency Rate Increased in May
- A few Comments on May New Home Sales
- New Home Sales Decrease to 769,000 Annual Rate in May
- MBA: Mortgage Applications Increase in Latest Weekly Survey
- Wednesday: New Home Sales
- June 22nd COVID-19 New Cases, Vaccinations, Hospitalizations
- MBA Survey: "Share of Mortgage Loans in Forbearance Decreases to 3.93%"
- DOT: Vehicle Miles Driven Increased Sharply year-over-year in April
- Comments on May Existing Home Sales
- NAR: Existing-Home Sales Decreased to 5.80 million in May
- Tuesday: Existing Home Sales, Richmond Fed Mfg, Fed Chair Powell
- June 21st COVID-19 New Cases, Vaccinations, Hospitalizations
- Housing: A Somewhat Similar Period
- Housing Inventory June 21st Update: Inventory Increased Week-over-week
- Seven High Frequency Indicators for the Economy
- Sunday Night Futures
- June 20th COVID-19 New Cases, Vaccinations, Hospitalizations
- Homebuilder Comments in Mid-June: "Interest lists are shrinking slightly, Traffic down"
- June 19th COVID-19 New Cases, Vaccinations, Hospitalizations
- Schedule for Week of June 20, 2021
- The Housing Conundrum
- June 18th COVID-19 New Cases, Vaccinations, Hospitalizations
- Q2 GDP Forecasts: Around 10%
- Indiana Real Estate in May: Sales Up 25% YoY, Inventory Down 48% YoY
- Black Knight: Number of Homeowners in COVID-19-Related Forbearance Plans Decreased Slightly
- Lawler: Early Read on Existing Home Sales in May
- Existing Home Inventory: Local Markets
- June 17th COVID-19 New Cases, Vaccinations, Hospitalizations; Illinois Reaches 70% Goal
- Rhode Island Real Estate in May: Sales Up 21% YoY, Inventory Down 62% YoY
- Hotels: Occupancy Rate Down 10% Compared to Same Week in 2019
- Phoenix Real Estate in May: Sales Up 33% YoY, Active Inventory Down 54% YoY
- Weekly Initial Unemployment Claims increase to 412,000
- Thursday: Unemployment Claims, Philly Fed Mfg
- Alabama Real Estate in May: Sales Up 28% YoY, Inventory Down 45% YoY
- June 16th COVID-19 New Cases, Vaccinations, Hospitalizations
- FOMC Projections and Press Conference
- FOMC Statement: No Policy Change
- California May Housing: Sales up 87% YoY, "Signs of cooling"
- Comments on May Housing Starts
- Housing Starts increased to 1.572 Million Annual Rate in May
- MBA: Mortgage Applications Increase in Latest Weekly Survey
- Wednesday: Housing Starts, FOMC Statement
- Second Home Market: South Lake Tahoe in May
- June 15th COVID-19 New Cases, Vaccinations, Hospitalizations
- LA Area Port Traffic: Record Imports in May
- NAHB: Builder Confidence Declined to 81 in May
- Industrial Production Increased 0.8 Percent in May
- Retail Sales Decreased 1.3% in May
- Tuesday: Retail Sales, PPI, NY Fed Mfg, Industrial Production, Homebuilder Confidence
- Mortgage Equity Withdrawal in Q1 2021
- MBA Survey: "Share of Mortgage Loans in Forbearance Decreases to 4.04%"
- June 14th COVID-19 New Cases, Vaccinations, Hospitalizations; NY State and D.C. Meet 70% Goal
- Maryland Real Estate in May: Sales Up 46% YoY, Inventory Down 57% YoY
- Housing Inventory June 14th Update: Inventory Increased Week-over-week
- Seven High Frequency Indicators for the Economy
- Sunday Night Futures
- June 13th COVID-19 New Cases, Vaccinations, Hospitalizations
- FOMC Preview
- June 12th COVID-19 New Cases, Vaccinations, Hospitalizations
- Boston Real Estate in May: Sales Up 68% YoY, Inventory Down 20% YoY
- Schedule for Week of June 13, 2021
- South Carolina Real Estate in May: Sales Up 36% YoY, Inventory Down 55% YoY
- June 11th COVID-19 New Cases, Vaccinations, Hospitalizations
- Minnesota Real Estate in May: Sales Up 15% YoY, Inventory Down 51% YoY
- Colorado Real Estate in May: Sales Up 58% YoY, Inventory Down 69% YoY
- Charlotte Region Real Estate in May: Sales Up 26% YoY, Inventory Down 62% YoY
- Q2 GDP Forecasts: Around 9.5%
- Atlanta Real Estate in May: Sales Up 36% YoY, Inventory Down 61% YoY
- Black Knight: Number of Homeowners in COVID-19-Related Forbearance Plans Decreased
- Portland Real Estate in May: Sales Up 62% YoY, Inventory Down 49% YoY
- June 10th COVID-19 New Cases, Vaccinations, Hospitalizations
- Hotels: Occupancy Rate Down 14% Compared to Same Week in 2019
- Fed's Flow of Funds: Household Net Worth Increased $5.0 Trillion in Q1
- Cleveland Fed: Key Measures Show Inflation Increased in May
- Weekly Initial Unemployment Claims decrease to 376,000
- BLS: CPI increased 0.6% in May, Core CPI increased 0.7%
- CoreLogic: 1.4 Million Homes with Negative Equity in Q1 2021
- Thursday: CPI, Unemployment Claims, Q1 Flow of Funds
- June 9th COVID-19 New Cases, Vaccinations, Hospitalizations
- Houston Real Estate in May: Sales Up 56% YoY, Inventory Down 41% YoY
- Housing and Demographics: The Next Big Shift
- MBA: Mortgage Applications Decrease in Latest Weekly Survey
- June 8th COVID-19 New Cases, Vaccinations, Hospitalizations
- North Texas Real Estate in May: Sales Up 30% YoY, Inventory Down 62% YoY
- New Hampshire Real Estate in May: Sales Up 12% YoY, Inventory Down 55% YoY
- Las Vegas Real Estate in May: Sales up 98% YoY, Inventory down 66% YoY
- BLS: Job Openings Increased to Record 9.3 Million in April
- Trade Deficit Decreased to $68.9 Billion in April
- Tuesday: Trade Balance, Job Openings
- Northwest Real Estate in May: Sales up 57% YoY, Inventory down 47% YoY
- June 7th COVID-19 New Cases, Vaccinations, Hospitalizations
- MBA Survey: "Share of Mortgage Loans in Forbearance Slightly Decreases to 4.16%"
- Black Knight Mortgage Monitor for April; Highest Annual Home Price Increase on Record
- Housing Inventory June 7th Update: Inventory Increased Week-over-week
- Seven High Frequency Indicators for the Economy
- Sunday Night Futures
- June 6th COVID-19 New Cases, Vaccinations, Hospitalizations
- U.S. Heavy Truck Sales Near Record High in May
- June 5th COVID-19 New Cases, Vaccinations, Hospitalizations
- Schedule for Week of June 6, 2021
- Q2 GDP Forecasts: Around 10%
- June 4th COVID-19 New Cases, Vaccinations, Hospitalizations
- AAR: May Rail Carloads down, Intermodal Up Compared to 2019
- Hotels: Occupancy Rate Down 4% Compared to Same Week in 2019
- Comments on May Employment Report
- May Employment Report: 559 Thousand Jobs, 5.8% Unemployment Rate
- Black Knight: Number of Homeowners in COVID-19-Related Forbearance Plans Decreased
- Friday: Employment Report
- Denver Real Estate in May: Sales Up 49% YoY, Active Inventory Down 71%
- Goldman May Payrolls Preview
- June 3rd COVID-19 New Cases, Vaccinations, Hospitalizations
- May Employment Preview
- May Vehicles Sales decreased to 16.99 Million SAAR
- ISM® Services Index Increased to Record High 64.0% in May
- Weekly Initial Unemployment Claims decrease to 385,000
- ADP: Private Employment increased 978,000 in May
- Thursday: ADP Employment, Unemployment Claims, ISM Services
- June 2nd COVID-19 New Cases, Vaccinations, Hospitalizations
- Fed's Beige Book: "National economy expanded at a moderate pace"
- Energy expenditures as a percentage of PCE
- MBA: Mortgage Applications Decrease in Latest Weekly Survey
- Wednesday: Mortgage Purchase Applications, Beige Book
- June 1st COVID-19 New Cases, Vaccinations, Hospitalizations
- MBA Survey: "Share of Mortgage Loans in Forbearance Slightly Decreases to 4.18%"
- Update: Framing Lumber Prices Down from Recent Peak, Up Sharply Year-over-year
- Construction Spending increased 0.2% in April
- ISM® Manufacturing index Increased to 61.2% in May
- CoreLogic: House Prices up 13% Year-over-year in April
May 2021
- Tuesday: ISM Manufacturing, Construction Spending, Vehicle Sales
- Housing Inventory May 31st Update: Inventory Increased Week-over-week
- Seven High Frequency Indicators for the Economy
- May 30th COVID-19 New Cases, Vaccinations, Hospitalizations
- The Atlantic: "Why You Should Wait Out the Wild Housing Market"
- May 29th COVID-19 New Cases, Vaccinations, Hospitalizations
- Schedule for Week of May 30, 2021
- Real Personal Income less Transfer Payments Above Previous Peak
- May 28th COVID-19 New Cases, Vaccinations, Hospitalizations
- Fannie Mae: Mortgage Serious Delinquency Rate Decreased in April
- Q2 GDP Forecasts: Around 10%
- Black Knight: Number of Homeowners in COVID-19-Related Forbearance Plans Increased
- Personal Income Decreased 13.1% in April, Spending increased 2.4%
- Friday: Personal Income & Outlays
- Las Vegas Visitor Authority for April: No Convention Attendance, Visitor Traffic Down 27% Compared to 2019
- May 27th COVID-19 New Cases, Vaccinations, Hospitalizations
- Hotels: Occupancy Rate Down 15% Compared to Same Week in 2019
- NAR: Pending Home Sales Decreased 4.4% in April
- Weekly Initial Unemployment Claims decrease to 406,000
- Q1 GDP Growth Unchanged at 6.4% Annual Rate
- Thursday: GDP, Unemployment Claims, Durable Goods, Pending Home Sales
- May 26th COVID-19 New Cases, Vaccinations, Hospitalizations
- House Prices and Inventory
- Freddie Mac: Mortgage Serious Delinquency Rate decreased in April
- New Home Prices
- MBA: Mortgage Applications Decrease in Latest Weekly Survey
- Zillow Case-Shiller House Price Forecast: "Not Slowing Any Time Soon", 14.3% YoY in April
- May 25th COVID-19 New Cases, Vaccinations, Hospitalizations; Less Than 1 Million Doses Administered
- May Vehicle Sales Forecast: Supply Issues Pull Down Sales
- Real House Prices and Price-to-Rent Ratio in March
- A few Comments on April New Home Sales
- New Home Sales Decrease to 863,000 Annual Rate in April
- Case-Shiller: National House Price Index increased 13.2% year-over-year in March
- Tuesday: Case-Shiller House Prices, New Home Sales
- MBA Survey: "Share of Mortgage Loans in Forbearance Decreases to 4.19%"
- May 24th COVID-19 New Cases, Vaccinations; Hospitalizations Finally Below Post-Summer Surge Low
- Housing Inventory May 24th Update: Inventory Increased Week-over-week
- Lawler: Single-Family Rent Trends
- Seven High Frequency Indicators for the Economy
- Sunday Night Futures
- May 23rd COVID-19 New Cases, Hospitalizations, Vaccinations
- REALTORS® Confidence Index Survey April 2021
- DOT: Vehicle Miles Driven Increased Sharply year-over-year in March
- May 22nd COVID-19 New Cases, Hospitalizations, Vaccinations
- Schedule for Week of May 23, 2021
- Homebuilder Comments in Mid-May: "Reducing Sales, Limiting Sales"
- BLS: April Unemployment rates down in 12 States
- Q2 GDP Forecasts: Around 10%
- Comments on April Existing Home Sales
- NAR: Existing-Home Sales Decreased to 5.85 million in April
- Black Knight: Number of Homeowners in COVID-19-Related Forbearance Plans Increased Slightly
- Friday: Existing Home Sales
- May 20th COVID-19 New Cases, Hospitalizations, Vaccinations
- Quarterly Starts by Purpose and Design
- Phoenix Real Estate in April: Sales Up 37% YoY, Active Inventory Down 67% YoY
- Hotels: Occupancy Rate Down 16% Compared to Same Week in 2019
- Black Knight: National Mortgage Delinquency Rate Decreased in April
- Weekly Initial Unemployment Claims decrease to 444,000
- Thursday: Unemployment Claims, Philly Fed Mfg
- Indiana Real Estate in April: Sales Up 17% YoY, Inventory Down 53% YoY
- May 19th COVID-19 New Cases, Hospitalizations, Vaccinations
- FOMC Minutes: Concern about "supply chain bottlenecks and input shortages"
- Lawler: Is the “Owners’ Equivalent Rent” Index Set to Accelerate Sharply?
- Lawler: Early Read on Existing Home Sales in April
- AIA: Architecture "Design activity strongly increases" in April
- MBA: Mortgage Applications Increase in Latest Weekly Survey
- Wednesday: FOMC Minutes
- May 18th COVID-19 New Cases, Hospitalizations, Vaccinations
- Alabama Real Estate in April: Sales Up 33% YoY, Inventory Down 46% YoY
- Rhode Island Real Estate in April: Sales Up 27% YoY, Inventory Down 48% YoY
- Comments on April Housing Starts
- Housing Starts decreased to 1.569 Million Annual Rate in April
- May 17th COVID-19 New Cases, Hospitalizations, Vaccinations
- Tuesday: Housing Starts
- MBA Survey: "Share of Mortgage Loans in Forbearance Decreases to 4.22%"
- California April Housing: Sales up 65% YoY, Active Listings down 50% YoY
- Housing Inventory May 17th Update: Slight Increase Week-to-Week
- NAHB: Builder Confidence Unchanged at 83 in May
- Seven High Frequency Indicators for the Economy
- Monday: NY Fed Mfg, Homebuilder Survey
- May 16th COVID-19 New Cases, Hospitalizations, Vaccinations
- The Long and Winding Road
- May 15th COVID-19 New Cases, Hospitalizations, Vaccinations
- Schedule for Week of May 16, 2021
- Fannie and Freddie: REO inventory declined in Q1, Down 58% Year-over-year
- May 14th COVID-19 New Cases, Hospitalizations; 7-Day Average Cases Lowest Since June 25, 2020
- LA Area Port Traffic: Strong Imports in April
- Q2 GDP Forecasts: Around 10%
- Black Knight: Number of Homeowners in COVID-19-Related Forbearance Plans Decreased
- Industrial Production Increased 0.7 Percent in April
- Retail Sales Unchanged in April
- Friday: Retail Sales, Industrial Production
- May 13th COVID-19 New Cases, Hospitalizations
- Existing Home Inventory Might Have Bottomed
- Sacramento Real Estate in April: Sales up 52% YoY, Active Inventory down 45% YoY
- Hotels: Occupancy Rate Down 17% Compared to Same Week in 2019
- Maryland Real Estate in April: Sales Up 27% YoY, Inventory Down 61% YoY
- Weekly Initial Unemployment Claims decrease to 473,000
- Thursday: Unemployment Claims, PPI
- May 12th COVID-19 New Cases, Hospitalizations; Vaccinations at 40% of Capacity
- Colorado Real Estate in April: Sales Up 41% YoY, Inventory Down 66% YoY
- Houston Real Estate in April: Sales Up 58% YoY, Inventory Down 43% YoY
- NY Fed Q1 Report: Total Household Debt Increased in Q1 2021, Mortgage Origination Credit Scores Edged Up
- Cleveland Fed: Key Measures Show Inflation Increased in April
- South Carolina Real Estate in April: Sales Up 41% YoY, Inventory Down 56% YoY
- BLS: CPI increased 0.8% in April, Core CPI increased 0.9%
- MBA: Mortgage Applications Increase in Latest Weekly Survey
- Portland Real Estate in April: Sales Up 46% YoY, Inventory Down 53% YoY
- Wednesday: CPI, Q1 Quarterly Report on Household Debt and Credit
- May 11th COVID-19 Vaccinations, New Cases, Hospitalizations
- New Hampshire Real Estate in April: Sales Up 13% YoY, Inventory Down 57% YoY
- Boston Real Estate in April: Sales Up 35% YoY, Inventory Up 9% YoY
- Leading Index for Commercial Real Estate Increased in April
- BLS: Job Openings Increased to Record 8.1 Million in March
- Small Business Optimism Increased in April
- Tuesday: Job Openings
- May 10th COVID-19 Vaccinations, New Cases, Hospitalizations; Lowest Cases Since September
- MBA Survey: "Share of Mortgage Loans in Forbearance Decreases to 4.36%"
- Atlanta Real Estate in April: Sales Up 32% YoY, Inventory Down 65% YoY
- NMHC: Rent Payment Tracker Shows Households Paying Rent Decreased Slightly YoY in Early May
- Housing Inventory May 10th Update: Slight Increase Week-to-Week
- Seven High Frequency Indicators for the Economy
- Sunday Night Futures
- May 9th COVID-19 Vaccinations, New Cases, Hospitalizations
- Second Home Market: South Lake Tahoe in April
- North Texas Real Estate in April: Sales Up 33% YoY, Inventory Down 65% YoY
- May 8th COVID-19 Vaccinations, New Cases, Hospitalizations; Lowest 7-Day Average Cases Since Sept 2020
- Schedule for Week of May 9, 2021
- May 7th COVID-19 Vaccinations, New Cases, Hospitalizations
- AAR: April Rail Carloads down 10.1%, Intermodal Up 10.4% Compared to 2019
- Black Knight: Number of Homeowners in COVID-19-Related Forbearance Plans Decreased
- MBA: "Mortgage Delinquencies Decrease in the First Quarter of 2021"
- Comments on April Employment Report
- April Employment Report: 266 Thousand Jobs, 6.1% Unemployment Rate
- Friday: Employment Report
- May 6th COVID-19 Vaccinations, New Cases, Hospitalizations
- Goldman April Payrolls Preview
- Hotels: Occupancy Rate Down 17% Compared to Same Week in 2019
- April Employment Preview
- Las Vegas Real Estate in April: Sales up 89% YoY, Inventory down 70% YoY
- Weekly Initial Unemployment Claims decrease to 498,000
- Northwest Real Estate in April: Sales up 50% YoY, Inventory down 45% YoY
- May 5th COVID-19 Vaccinations, New Cases, Hospitalizations
- Denver Real Estate in April: Sales Up 29% YoY, Active Inventory Down 62%
- U.S. Births decreased in 2020, "Lowest number of births since 1979"
- ISM® Services Index decreased to 62.7% in April
- ADP: Private Employment increased 742,000 in April
- MBA: Mortgage Applications Decrease in Latest Weekly Survey
- Wednesday: ADP Employment, ISM Services Index
- May 4th COVID-19 Vaccinations, New Cases, Hospitalizations
- U.S. Heavy Truck Sales up Sharply Year-over-year in April
- Black Knight Mortgage Monitor for March
- April Vehicles Sales increased to 18.51 Million SAAR; Highest Since 2005
- Trade Deficit Increased to $74.4 Billion in March
- CoreLogic: House Prices up 11.3% Year-over-year in March
- Tuesday: Trade Deficit
- May 3rd COVID-19 Vaccinations, New Cases, Hospitalizations
- MBA Survey: "Share of Mortgage Loans in Forbearance Slightly Decreases to 4.47%"
- Fed Survey: Banks reported Eased Standards, Increased Demand for Residential Real Estate Loans
- Housing Inventory May 3rd Update: At Record Lows
- Construction Spending increased 0.2% in March
- ISM® Manufacturing index Decreased to 60.7% in April
- Seven High Frequency Indicators for the Economy
- Goldman on Housing: Double-digit price gains in 2021 and 2022
- Monday: ISM Mfg, Construction Spending, Vehicle Sales and More
- Q1 2021 GDP Details on Residential and Commercial Real Estate
- May 1st COVID-19 Vaccinations, New Cases, Hospitalizations; Fewest Monthly Deaths Since March 2020
- Schedule for Week of May 2, 2021
April 2021
- Fannie Mae: Mortgage Serious Delinquency Rate Decreased in March
- April 30th COVID-19 Vaccinations, New Cases, Hospitalizations; Lowest 7-Day Average New Cases Since October 2020
- Early Q2 GDP Forecasts: 10%
- Real Personal Income less Transfer Payments
- Black Knight: Number of Homeowners in COVID-19-Related Forbearance Plans Increased Slightly
- Personal Income increased 21.1% in March, Spending increased 4.2%
- Friday: Personal Income and Outlays
- Freddie Mac: Mortgage Serious Delinquency Rate decreased in March
- April 29th COVID-19 Vaccinations, New Cases, Hospitalizations; Lowest 7-Day Average New Cases Since October 2020
- Hotels: Occupancy Rate Down 17% Compared to Same Week in 2019
- A Few Comments on Q1 GDP
- NAR: Pending Home Sales Increased 1.9% in March
- Weekly Initial Unemployment Claims at 553,000
- BEA: Real GDP increased at 6.4% Annualized Rate in Q1
- Thursday: GDP, Unemployment Claims, Pending Home Sales
- April 28th COVID-19 Vaccinations, New Cases, Hospitalizations
- FOMC Statement: No Policy Change, Upgrade to Outlook
- House Prices and Inventory
- MBA: Mortgage Applications Decrease in Latest Weekly Survey
- Wednesday: FOMC Announcement
- Zillow Case-Shiller House Price Forecast: "Red Hot", 12.8% YoY in March
- April 27th COVID-19 Vaccinations, New Cases, Hospitalizations; Vaccinations have Slowed
- Las Vegas Visitor Authority for March: No Convention Attendance, Visitor Traffic Down 40% Compared to 2019
- Real House Prices and Price-to-Rent Ratio in February
- HVS: Q1 2021 Homeownership and Vacancy Rates
- Case-Shiller: National House Price Index increased 12.0% year-over-year in February
- Tuesday: Case-Shiller House Prices, Richmond Fed Mfg, Q1 2021 Housing Vacancies and Homeownership
- April 26th COVID-19 Vaccinations, New Cases, Hospitalizations; 7-Day Average Cases Lowest Since March 21st
- MBA Survey: "Share of Mortgage Loans in Forbearance Slightly Decreases to 4.49%"
- New Home Prices
- Housing Inventory April 26th Update: A Slight Decrease week-over-week
- Seven High Frequency Indicators for the Economy
- Sunday Night Futures
- April 25th COVID-19 Vaccinations, New Cases, Hospitalizations; 7-Day Average Cases Lowest Since March 23rd
- FOMC Preview
- April 24th COVID-19 Vaccinations, New Cases, Hospitalizations
- Schedule for Week of April 25, 2021
- April 23rd COVID-19 Vaccinations, New Cases, Hospitalizations
- April Vehicle Sales Forecast: "Remain Strong"
- Q1 GDP Forecasts: Around 7%
- A few Comments on March New Home Sales
- New Home Sales Increase to 1,021,000 Annual Rate in March; Highest Since 2006
- Black Knight: Number of Homeowners in COVID-19-Related Forbearance Plans Decreased Slightly
- Friday: New Home Sales
- April 22nd COVID-19 Vaccinations, New Cases, Hospitalizations
- Hotels: Occupancy Rate Down 13% Compared to Same Week in 2019
- Comments on March Existing Home Sales
- NAR: Existing-Home Sales Decreased to 6.01 million in March
- Black Knight: National Mortgage Delinquency Rate Decreased Sharply in March
- Weekly Initial Unemployment Claims decreased to 547,000
- Thursday: Unemployment Claims, Existing Home Sales
- Homebuilder Comments in Mid-April: Crazy Price Increases, Offers Way Over Ask, Costs Increasing Quickly
- April 21st COVID-19 Vaccinations, New Cases, Hospitalizations
- Philly Fed: State Coincident Indexes Increased in 49 States in March
- DOT: Vehicle Miles Driven decreased 10.6% year-over-year in February
- AIA: "Demand for Architecture design services continues to rapidly escalate" in March
- MBA: Mortgage Applications Increase in Latest Weekly Survey
- April 20th COVID-19 Vaccinations, New Cases, Hospitalizations
- Indiana Real Estate in March: Sales Down 3% YoY, Inventory Down 58% YoY
- Alabama Real Estate in March: Sales Up 23% YoY, Inventory Down 46% YoY
- The Upward Slope of Real House Prices
- CoreLogic: Mortgage Application Fraud Risk Index increased in Q1
- Trends in Educational Attainment in the U.S. Labor Force
- April 19th COVID-19 Vaccinations, New Cases, Hospitalizations; Spring Wave May Have Peaked
- MBA Survey: "Share of Mortgage Loans in Forbearance Decreases to 4.50%"
- Recession Measures and NBER
- Housing Inventory April 19th Update: A Slight Increase from Record Low
- Seven High Frequency Indicators for the Economy
- Sunday Night Futures
- April 18th COVID-19 Vaccinations, New Cases, Hospitalizations; Over Half of People Over 18 Have Had at Least One Dose
- Existing Home Sales: Lawler vs. the Consensus
- April 17th COVID-19 Vaccinations, New Cases, Hospitalizations
- Schedule for Week of April 18, 2021
- Lawler: Early Read on Existing Home Sales in March
- April 16th COVID-19 Vaccinations, New Cases, Hospitalizations; Over 200 Million Doses Administered
- California March Housing: Sales up 20% YoY, Active Listings down 51% YoY
- Black Knight: Number of Homeowners in COVID-19-Related Forbearance Plans Decreased Slightly
- Q1 GDP Forecasts: Around 7%
- Comments on March Housing Starts
- Housing Starts increased to 1.739 Million Annual Rate in March
- Friday: Housing Starts
- April 15th COVID-19 Vaccinations, New Cases, Hospitalizations; Almost 200 Million Doses Administered
- Phoenix Real Estate in March: Sales Up 14% YoY, Active Inventory Down 69% YoY
- Rhode Island Real Estate in March: Sales Up 10% YoY, Inventory Down 44% YoY
- NMHC: "April Apartment Market Conditions Show Improvement"
- Hotels: Occupancy Rate Down 15% Compared to Same Week in 2019
- NAHB: Builder Confidence Increased to 83 in April
- Industrial Production Increased 1.4 Percent in March
- Retail Sales Increased 9.8% in March
- Weekly Initial Unemployment Claims decreased sharply to 576,000
- Thursday: Retail Sales, Unemployment Claims, NY and Philly Fed Mfg, Industrial Production, Homebuilder Survey
- Fed's Beige Book: "Economic activity accelerated to a moderate pace"
- April 14th COVID-19 Vaccinations, New Cases, Hospitalizations
- LA Area Port Traffic: Strong Imports in March
- Houston Real Estate in March: Sales Up 32% YoY, Inventory Down 43% YoY
- Over Two Years Ago, Professor Shiller wrote: "The Housing Boom Is Already Gigantic"
- MBA: Mortgage Applications Decrease in Latest Weekly Survey
- Wednesday: Fed Chair Powell, Beige Book
- April 13th COVID-19 Vaccinations, New Cases, Hospitalizations
- Second Home Market: South Lake Tahoe in March
- South Carolina Real Estate in March: Sales Up 22% YoY, Inventory Down 54% YoY
- Portland Real Estate in March: Sales Up 8% YoY, Inventory Down 54% YoY
- Cleveland Fed: Key Measures Show Small Uptick in Inflation in March
- Maryland Real Estate in March: Sales Up 11% YoY, Inventory Down 67% YoY
- BLS: CPI increased 0.6% in March, Core CPI increased 0.3%
- Tuesday: CPI
- April 12th COVID-19 Vaccinations, New Cases, Hospitalizations
- MBA Survey: "Share of Mortgage Loans in Forbearance Decreases to 4.66%"
- Colorado Real Estate in March: Sales Up 13% YoY, Inventory Down 69% YoY
- Housing Inventory April 12th Update: At Record Lows
- Minnesota Real Estate in March: Sales Up 3% YoY, Inventory Down 55% YoY
- Seven High Frequency Indicators for the Economy
- Sunday Night Futures
- April 11th COVID-19 Vaccinations, New Cases, Hospitalizations
- Boston Real Estate in March: Sales Up 21% YoY, Inventory Down 3% YoY
- NMHC: Rent Payment Tracker Shows Households Paying Rent Increased 1.9% YoY in Early April
- April 10th COVID-19 Vaccinations, New Cases, Hospitalizations
- Atlanta Real Estate in March: Sales Up 15% YoY, Inventory Down 58% YoY
- Schedule for Week of April 11, 2021
- April 9th COVID-19 Vaccinations, New Cases, Hospitalizations
- North Texas Real Estate in March: Sales Up 7% YoY, Inventory Down 65% YoY
- Q1 GDP Forecasts: Around 7%
- Is there a New Housing Bubble?
- Black Knight: Number of Homeowners in COVID-19-Related Forbearance Plans Decreased
- Sacramento Real Estate in March: Sales up 10% YoY, Active Inventory down 45% YoY
- April 8th COVID-19 Vaccinations, New Cases, Hospitalizations
- New Hampshire Real Estate in March: Sales Down 1% YoY, Inventory Down 64% YoY
- AAR: March Rail Carloads up 4.1% YoY, Intermodal Up 24.0% YoY
- Hotels: Occupancy Rate Down 16% Compared to Same Week in 2019
- Weekly Initial Unemployment Claims increased to 744,000
- Thursday: Unemployment Claims, Fed Chair Powell
- April 7th COVID-19 Vaccinations, New Cases, Hospitalizations
- FOMC Minutes: "The path of the federal funds rate and the balance sheet depend on actual progress"
- Northwest Real Estate in March: Sales up 16% YoY, Inventory down 56% YoY
- Some thoughts on increasing the Homeowner Housing Supply in the Short Term
- Trade Deficit Increased to $71.1 Billion in February
- MBA: Mortgage Applications Decrease in Latest Weekly Survey
- Wednesday: Trade Deficit, FOMC Minutes
- SF Fed: Weather Increased March Employment by About 100 Thousand
- April 6th COVID-19 Vaccinations, New Cases, Hospitalizations
- Las Vegas Real Estate in March: Sales up 36% YoY, Inventory down 68% YoY
- BLS: Job Openings Increased to 7.4 Million in February
- CoreLogic: House Prices up 10.4% Year-over-year in February
- Tuesday: Job Openings
- April 5th COVID-19 Vaccinations, New Cases, Hospitalizations
- MBA Survey: "Share of Mortgage Loans in Forbearance Decreases to 4.90%"
- Denver Real Estate in March: Sales Up 1% YoY, Active Inventory Down 67%
- Black Knight Mortgage Monitor for February
- Housing Inventory April 5th Update: At Record Lows
- ISM® Services Index increased to "all-time high of 63.7%" in March
- Seven High Frequency Indicators for the Economy
- Sunday Night Futures
- April 4th COVID-19 Vaccinations, New Cases, Hospitalizations
- Brief Discussion: The Impact of Rising Mortgage Rates on Home Sales and House Prices
- April 3rd COVID-19 Vaccinations, New Cases, Hospitalizations
- Schedule for Week of April 4, 2021
- April 2nd COVID-19 Vaccinations, New Cases, Hospitalizations
- March Vehicles Sales increased to 17.75 Million SAAR
- Black Knight: Number of Homeowners in COVID-19-Related Forbearance Plans Decreased
- Comments on March Employment Report
- March Employment Report: 916 Thousand Jobs, 6.0% Unemployment Rate
- Friday: Employment Report
- April 1st COVID-19 Vaccinations, New Cases, Hospitalizations
- Goldman March Payrolls Preview
- March Employment Preview
- Hotels: Occupancy Rate Down 17% Compared to Same Week in 2019
- Construction Spending decreased 0.8% in February
- ISM® Manufacturing index Increased to 64.7% in March
- Weekly Initial Unemployment Claims increased to 719,000
- Thursday: Unemployment Claims, ISM Mfg, Construction Spending, Vehicle Sales
March 2021
- Fannie Mae: Mortgage Serious Delinquency Rate Decreased in February
- March 31 COVID-19 Vaccinations, New Cases, Hospitalizations
- CDC: "Age-adjusted death rate increased by 15.9% in 2020"; COVID Third Leading Cause of Death
- NAR: Pending Home Sales Decrease 10.6% in February
- ADP: Private Employment increased 517,000 in March
- MBA: Mortgage Applications Decrease in Latest Weekly Survey
- Wednesday: ADP Employment, Pending Home Sales
- Zillow Case-Shiller House Price Forecast: "No End in Sight", 12.0% YoY in February
- March 30 COVID-19 Vaccinations, New Cases, Hospitalizations
- Update: A few comments on the Seasonal Pattern for House Prices
- Real House Prices and Price-to-Rent Ratio in January
- Case-Shiller: National House Price Index increased 11.2% year-over-year in January
- Tuesday: Case-Shiller House Prices
- March 29 COVID-19 Vaccinations, New Cases, Hospitalizations
- MBA Survey: "Share of Mortgage Loans in Forbearance Decreases to 4.96%"
- Update: Framing Lumber Prices Up Sharply Year-over-year
- Housing Inventory March 29th Update: At Record Lows
- Dallas Fed: "Texas Manufacturing Activity Accelerates Sharply" in March
- Seven High Frequency Indicators for the Economy
- Sunday Night Futures
- March 28 COVID-19 Vaccinations, New Cases, Hospitalizations
- Q1 2021 Update: Unofficial Problem Bank list Increased to 67 Institutions
- March 27 COVID-19 Vaccinations, New Cases, Hospitalizations
- Schedule for Week of March 28, 2021
- Real Personal Income less Transfer Payments
- March 26 COVID-19 Vaccinations, New Cases, Hospitalizations
- Las Vegas Visitor Authority: No Convention Attendance, Visitor Traffic Down 54% YoY in February
- Q1 GDP Forecasts
- Black Knight: Number of Homeowners in COVID-19-Related Forbearance Plans Decreased
- BLS: February Unemployment rates down in 23 States
- Personal Income decreased 7.1% in February, Spending decreased 1.0%
- Friday: February Personal Income and Outlays
- Freddie Mac: Mortgage Serious Delinquency Rate decreased in February
- March 25 COVID-19 Vaccinations, New Cases, Hospitalizations
- Kansas City Fed: Tenth District Manufacturing Activity "Grew Solidly" in March
- Hotels: Occupancy Rate Highest in a Year; Down 15% Compared to Same Week in 2019
- AIA: "Architecture billings climb into positive territory after a year of monthly declines" in February
- Weekly Initial Unemployment Claims decreased to 684,000
- Q4 GDP Growth Revised up to 4.3% Annual Rate; PCE Growth Revised Down to 2.3%
- Thursday: Q4 GDP, Unemployment Claims
- March Vehicle Sales Forecast: Bounce Back from Weather Impacted Sales in February
- March 24 COVID-19 Vaccinations, New Cases, Hospitalizations
- Jim the Realtor: "Number of Offers"
- DOT: Vehicle Miles Driven decreased 9.6% year-over-year in January
- MBA: Mortgage Applications Decrease in Latest Weekly Survey
- Wednesday: Fed Chair Powell, Durable Goods
- March 23 COVID-19 Vaccinations, New Cases, Hospitalizations
- New Home Prices
- A few Comments on February New Home Sales
- New Home Sales decrease to 775,000 Annual Rate in February
- Black Knight: National Mortgage Delinquency Rate Increased in February
- Tuesday: New Home Sales, Fed Chair Powell Testimony, Richmond Fed Mfg
- March 22 COVID-19 Vaccinations, New Cases, Hospitalizations
- MBA Survey: "Share of Mortgage Loans in Forbearance Decreases to 5.05%"
- Housing Inventory March 22nd Update: At Record Lows
- Comments on February Existing Home Sales
- NAR: Existing-Home Sales Decreased to 6.22 million in February
- Seven High Frequency Indicators for the Economy
- Monday: Existing Home Sales
- March 21 COVID-19 Test Results and Vaccinations
- Lawler: Update on the Dismal Demographics of 2020; "Smallest Population increase since 1918"
- March 20 COVID-19 Test Results and Vaccinations
- Housing: Active Inventory down around 50% YoY
- Las Vegas Visitor Authority: No Convention Attendance, Visitor Traffic Down 64% YoY in January
- Schedule for Week of March 21, 2021
- March 19 COVID-19 Test Results and Vaccinations
- Some thoughts on Housing Inventory
- Rhode Island Real Estate in February: Sales Up 4% YoY, Inventory Down 49% YoY
- Indiana Real Estate in February: Sales Up 6% YoY, Inventory Down 56% YoY
- Q1 GDP Forecasts: Movin' on up!
- Alabama Real Estate in February: Sales Up 15% YoY, Inventory Down 44% YoY
- Black Knight: Number of Homeowners in COVID-19-Related Forbearance Plans Decreased
- March 18 COVID-19 Test Results and Vaccinations
- Lawler: Early Read on Existing Home Sales in February
- Maryland Real Estate in February: Sales Up 12% YoY, Inventory Down 66% YoY
- New Hampshire Real Estate in February: Sales Up 14% YoY, Inventory Down 64% YoY
- Minnesota Real Estate in February: Sales Up 5% YoY, Inventory Down 52% YoY
- Hotels: Occupancy Rate Highest in a Year; Down 26% Compared to Same Week in 2019
- Weekly Initial Unemployment Claims increased to 770,000
- Thursday: Unemployment Claims, Philly Fed Mfg
- March 17 COVID-19 Test Results and Vaccinations
- FOMC Projections and Press Conference
- FOMC Statement: No Change
- LA Area Port Traffic: Strong Imports, Weak Exports in February
- Comments on February Housing Starts
- Housing Starts decreased to 1.421 Million Annual Rate in February
- MBA: Mortgage Applications Decrease in Latest Weekly Survey
- Wednesday: Housing Starts, FOMC Announcement, Forecasts, and Press Conference
- March 16 COVID-19 Test Results and Vaccinations
- Phoenix Real Estate in February: Sales Up 5% YoY, Active Inventory Down 61% YoY
- CAR on California February Housing: Sales up 10% YoY, Active Listings down 53% YoY
- NAHB: Builder Confidence Decreased to 82 in March
- Industrial Production Decreased 2.2 Percent in February
- Retail Sales Decreased 3.0% in February
- Tuesday: Retail Sales, Industrial Production, Homebuilder Survey
- March 15 COVID-19 Test Results and Vaccinations
- MBA Survey: "Share of Mortgage Loans in Forbearance Decreases to 5.14%"
- Boston Real Estate in February: Sales Up 7% YoY, Inventory Down 13% YoY
- Second Home Market: South Lake Tahoe
- Housing Inventory March 15th Update: At Record Lows
- BLS: January Unemployment rates down in 33 States
- Seven High Frequency Indicators for the Economy
- Sunday Night Futures
- March 14 COVID-19 Test Results and Vaccinations
- FOMC Preview
- March 13 COVID-19 Test Results and Vaccinations
- Schedule for Week of March 14, 2021
- March 12 COVID-19 Test Results and Vaccinations; Over 100 Million Doses Administered
- South Carolina Real Estate in February: Sales Up 13% YoY, Inventory Down 46% YoY
- MBA: Share of Second Home and Investor Mortgage Applications
- Q1 GDP Forecasts: Around 5.5% SAAR
- Mortgage Equity Withdrawal in Q4 2020
- Black Knight: Number of Homeowners in COVID-19-Related Forbearance Plans Decreased
- March 11 COVID-19 Test Results and Vaccinations
- Hotels: Occupancy Rate Declined 26.7% Compared to Same Week in 2019
- Portland Real Estate in February: Sales Up 4% YoY, Inventory Down 44% YoY
- Fed's Flow of Funds: Household Net Worth Increased $6.9 Trillion in Q4
- BLS: Job Openings "Changed Little" at 6.9 Million in January
- CoreLogic: 1.5 Million Homes with Negative Equity in Q4 2020
- Weekly Initial Unemployment Claims decreased to 712,000
- Thursday: Unemployment Claims, Job Openings, Flow of Funds
- March 10 COVID-19 Test Results and Vaccinations
- Colorado Real Estate in February: Sales Up 5% YoY, Inventory Down 64% YoY
- Atlanta Real Estate in February: Sales Up 5% YoY, Inventory Down 57% YoY
- Houston Real Estate in February: Sales Up 2% YoY, Inventory Down 38% YoY
- Cleveland Fed: Key Measures Show Inflation Soft in February
- BLS: CPI increased 0.4% in February, Core CPI increased 0.1%
- MBA: Mortgage Applications Decrease in Latest Weekly Survey
- Wednesday: CPI
- March 9 COVID-19 Test Results and Vaccinations
- NMHC: Rent Payment Tracker Shows Households Paying Rent Decreased 4.1% YoY in Early March
- SF Fed: Weather Reduced February Employment by About 100 Thousand
- North Texas Real Estate in February: Sales Down 6% YoY, Inventory Down 65% YoY
- Denver Real Estate in February: Sales Up 4% YoY, Active Inventory Down 58%
- Northwest Real Estate in February: Sales up 10% YoY, Inventory down 44% YoY
- March 8 COVID-19 Test Results and Vaccinations
- MBA Survey: "Share of Mortgage Loans in Forbearance Decreases to 5.20%"
- Black Knight Mortgage Monitor for January
- Las Vegas Real Estate in February: Sales up 13% YoY, Inventory down 57% YoY
- Housing Inventory March 8th Update: At Record Lows
- Seven High Frequency Indicators for the Economy
- Sunday Night Futures
- March 7 COVID-19 Test Results and Vaccinations; Over 90 Million Doses Administered
- The Employment Situation is Far Worse than the Unemployment Rate Indicates
- March 6 COVID-19 Test Results and Vaccinations
- Schedule for Week of March 7, 2021
- March 5 COVID-19 Test Results and Vaccinations: 85 Million Doses Given So Far
- Q1 GDP Forecasts: Around 5.5% SAAR
- AAR: February Rail Carloads down 11.1% YoY, Intermodal Up 1.8% YoY
- Trade Deficit Increased to $68.2 Billion in January
- Comments on February Employment Report
- February Employment Report: 379 Thousand Jobs, 6.2% Unemployment Rate
- Black Knight: Number of Homeowners in COVID-19-Related Forbearance Plans Decreased
- Friday: Employment Report, Trade Deficit
- March 4 COVID-19 Test Results and Vaccinations
- Goldman February Payrolls Preview
- Hotels: Occupancy Rate Declined 25.8% Year-over-year
- February Employment Preview
- Weekly Initial Unemployment Claims increased to 745,000
- Thursday: Unemployment Claims, Fed Chair Powell
- March 3 COVID-19 Test Results and Vaccinations
- Fed's Beige Book: "Economic activity expanded modestly"
- U.S. Heavy Truck Sales up 9% Year-over-year in February
- ISM® Services Index decreased to 55.3% in February
- February Vehicles Sales decreased to 15.67 Million SAAR
- ADP: Private Employment increased 117,000 in February
- MBA: Mortgage Applications Increase in Latest Weekly Survey
- Wednesday: ADP Employment, ISM Services, Beige Book
- March 2 COVID-19 Test Results and Vaccinations
- CFPB: "Over 11 Million Families At Risk Of Losing Housing"
- Demographics: Renting vs. Owning
- CoreLogic: House Prices up 10.0% Year-over-year in January
- March 1 COVID-19 Test Results and Vaccinations
- MBA Survey: "Share of Mortgage Loans in Forbearance Increases Slightly to 5.23%"
- Update: Framing Lumber Prices More Than Double Year-over-year
- Construction Spending Increased 1.7% in January
- Housing Inventory March 1st Update: At Record Lows
- Seven High Frequency Indicators for the Economy
- Monday: ISM Manufacturing, Construction Spending
- February 28 COVID-19 Test Results and Vaccinations
February 2021
- Update: A few comments on the Seasonal Pattern for House Prices
- February 27 COVID-19 Test Results and Vaccinations
- Real Personal Income less Transfer Payments
- Schedule for Week of February 28, 2021
- February 26 COVID-19 Test Results and Vaccinations
- Fannie Mae: Mortgage Serious Delinquency Rate Decreased in January
- NY Times Upshot: "Where Have All the Houses Gone?"
- Q1 GDP Forecasts
- Black Knight: Number of Homeowners in COVID-19-Related Forbearance Plans Increased Slightly
- Personal Income increased 10.0% in January, Spending increased 2.4%
- Friday: Personal Income and Outlays
- February 25 COVID-19 Test Results and Vaccinations
- Freddie Mac: Mortgage Serious Delinquency Rate decreased in January
- Kansas City Fed: Tenth District Manufacturing Activity Increased in February
- Hotels: Occupancy Rate Declined 23.8% Year-over-year
- NAR: Pending Home Sales Decrease 2.8% in January
- Q4 GDP Growth Revised up slightly to 4.1% Annual Rate
- Weekly Initial Unemployment Claims decreased to 730,000
- Thursday: GDP, Unemployment Claims, Pending Home Sales
- February 24 COVID-19 Test Results and Vaccinations
- AIA: "Architecture Billings continue to contract" in January
- Black Knight: National Mortgage Delinquency Rate Decreased in January
- A few Comments on January New Home Sales
- New Home Sales increase to 923,000 Annual Rate in January
- MBA: Mortgage Applications Decrease in Latest Weekly Survey
- Wednesday: New Home Sales, Fed Chair Powell
- February 23 COVID-19 Test Results and Vaccinations
- Zillow Case-Shiller House Price Forecast: "More strong growth in the months ahead", 10.9% YoY in January
- FDIC: Problem Banks Unchanged, Residential REO Declined in Q4
- Real House Prices and Price-to-Rent Ratio in December
- Fed Chair Powell: Semiannual Monetary Policy Report to the Congress
- Case-Shiller: National House Price Index increased 10.4% year-over-year in December
- Tuesday: Case-Shiller House Prices, Fed Chair Powell Testimony
- February 22 COVID-19 Test Results and Vaccinations
- MBA Survey: "Share of Mortgage Loans in Forbearance Declines to 5.22%"
- February Vehicle Sales Forecast: "Weather Weakens US Sales"
- House Prices and Inventory
- Housing Inventory Feb 22nd Update: At Record Lows
- Seven High Frequency Indicators for the Economy
- Sunday Night Futures
- February 21 COVID-19 Test Results and Vaccinations
- Graham: "Time to Wake Up To The New Mortgage Rate Reality"
- February 20 COVID-19 Test Results and Vaccinations; Hospitalizations Below Summer Peak
- Schedule for Week of February 21, 2021
- February 19 COVID-19 Test Results and Vaccinations; Hospitalizations Decline to Summer Peak
- CAR on California January Housing: Sales up 23% YoY, Active Listings down 53% YoY
- Q1 GDP Forecasts: Movin' on up
- Comments on January Existing Home Sales
- NAR: Existing-Home Sales Increased to 6.69 million in January
- Black Knight: Number of Homeowners in COVID-19-Related Forbearance Plans Increased Slightly
- Friday: Existing Home Sales
- February 18 COVID-19 Test Results and Vaccinations
- LA Area Port Traffic: Strong Imports, Weak Exports in January
- Hotels: Occupancy Rate Declined 29.0% Year-over-year
- Comments on January Housing Starts
- Housing Starts decreased to 1.580 Million Annual Rate in January
- Weekly Initial Unemployment Claims increased to 861,000
- Phoenix Real Estate in January: Sales Up 11.8% YoY, Active Inventory Down 58% YoY
- Thursday: Housing Starts, Unemployment Claims, Philly Fed Mfg
- February 17 COVID-19 Test Results and Vaccinations
- Lawler: Early Read on Existing Home Sales in January
- NY Fed Q4 Report: "Total Household Debt Increased in Q4 2020, Newly Originated Mortgages Reach Record High"
- NAHB: Builder Confidence Increased to 84 in February
- Industrial Production Increased 0.9 Percent in January
- Retail Sales increased 5.3% in January
- MBA: Mortgage Applications Decrease in Latest Weekly Survey
- Wednesday: Retail Sales, PPI, Industrial Production, Homebuilder Survey, Q4 Report on Household Debt
- February 16 COVID-19 Test Results and Vaccinations
- Portland Real Estate in January: Sales Up 11% YoY, Inventory Down 48% YoY
- MBA Survey: "Share of Mortgage Loans in Forbearance Declines to 5.29%"
- Maryland Real Estate in January: Sales Up 14% YoY, Inventory Down 63% YoY
- The Housing Bubble and Mortgage Debt as Percent of GDP
- Fannie and Freddie: REO inventory declined in Q4, Down 57% Year-over-year
- NY Fed: Manufacturing: Business activity "grew modestly" in New York State in February
- February 15 COVID-19 Test Results and Vaccinations
- New Hampshire Real Estate in January: Sales Up 14% YoY, Inventory Down 61% YoY
- Housing Inventory Feb 15th Update: At Record Lows
- Seven High Frequency Indicators for the Economy
- February 14 COVID-19 Test Results and Vaccinations
- South Carolina Real Estate in January: Sales Up 19% YoY, Inventory Down 42% YoY
- Sacramento Housing in January: Sales increase 12% YoY, Active Inventory down 49% YoY
- Colorado Real Estate in January: Sales Up 2% YoY, Inventory Down 61% YoY
- February 13 COVID-19 Test Results and Vaccinations
- Schedule for Week of February 14, 2021
- February 12 COVID-19 Test Results and Vaccinations
- Minnesota Real Estate in January: Sales Up 16% YoY, Inventory Down 48% YoY
- Hotels: Occupancy Rate Declined 30.5% Year-over-year
- North Texas Real Estate in January: Sales Up 11% YoY, Inventory Down 59% YoY
- Black Knight: Number of Homeowners in COVID-19-Related Forbearance Plans Decreased
- February 11 COVID-19 Test Results and Vaccinations
- Atlanta Real Estate in January: Sales Up 9.5% YoY, Inventory Down 52% YoY
- Houston Real Estate in January: Sales Up 27.5% YoY, Inventory Down 31% YoY
- MBA: "Mortgage Delinquencies Decrease in the Fourth Quarter of 2020"
- Weekly Initial Unemployment Claims at 793,000
- February 10 COVID-19 Test Results and Vaccinations
- Cleveland Fed: Key Measures Show Inflation Soft in January
- Fed Chair Powell: Corrected Unemployment Rate Close to 10% in January
- Las Vegas Visitor Authority: No Convention Attendance, Visitor Traffic Down 64% YoY in December
- BLS: CPI increased 0.3% in January, Core CPI Unchanged
- MBA: Mortgage Applications Decrease in Latest Weekly Survey
- Wednesday: CPI, Fed Chair Powell Speaks
- February 9 COVID-19 Test Results and Vaccinations
- Denver Real Estate in January: Sales Down 10% YoY, Active Inventory Down 53%
- NMHC: Rent Payment Tracker Shows Households Paying Rent Decreased 1.9% YoY in Early February
- BLS: Job Openings "Little Changed" at 6.6 Million in December
- Small Business Optimism Decreased in January
- Tuesday: Job Openings
- February 8 COVID-19 Test Results and Vaccinations
- MBA Survey: "Share of Mortgage Loans in Forbearance Declines to 5.35%"
- Housing Inventory Weekly Update: At Record Lows
- Northwest Real Estate in January: Sales up 16% YoY, Inventory down 43% YoY
- Las Vegas Real Estate in January: Sales up 13% YoY, Inventory down 50% YoY
- Seven High Frequency Indicators for the Economy
- Sunday Night Futures
- February 7 COVID-19 Test Results and Vaccinations
- By Request: Public and Private Sector Payroll Jobs During Presidential Terms
- February 6 COVID-19 Test Results and Vaccinations
- Q1 GDP Forecasts
- Schedule for Week of February 7, 2021
- February 5 COVID-19 Test Results and Vaccinations
- AAR: January Rail Carloads down 2.1% YoY, Intermodal Up 12.1% YoY
- Black Knight: Number of Homeowners in COVID-19-Related Forbearance Plans Decreased
- Trade Deficit Decreased to $66.6 Billion in December
- Comments on January Employment Report
- January Employment Report: 49 Thousand Jobs, 6.3% Unemployment Rate
- Friday: Employment Report, Trade Deficit
- February 4 COVID-19 Test Results and Vaccinations
- Goldman January Payrolls Preview
- Hotels: Occupancy Rate Declined 29.6% Year-over-year
- January Employment Preview
- Weekly Initial Unemployment Claims decreased to 779,000
- February 3 COVID-19 Test Results and Vaccinations
- The Changing Mix of Light Vehicle Sales
- January Vehicles Sales increased to 16.63 Million SAAR
- ISM Services Index Increased to 58.7% in January
- ADP: Private Employment increased 174,000 in January
- MBA: Mortgage Applications Increase in Latest Weekly Survey
- Wednesday: ADP Employment, ISM Services Index
- February 2 COVID-19 Test Results and Vaccinations
- U.S. Courts: Bankruptcy Filings Decline 29.7% in 2020
- Update: Framing Lumber Prices Almost Double Year-over-year
- HVS: Q4 2020 Homeownership and Vacancy Rates
- CoreLogic: House Prices up 9.2% Year-over-year in December
- Mortgage Rates still near Record Lows
- February 1 COVID-19 Test Results and Vaccinations
- Black Knight Mortgage Monitor for December
- MBA Survey: "Share of Mortgage Loans in Forbearance Remains Unchanged at 5.38%"
- Housing Inventory Weekly Update: At Record Lows
- Construction Spending Increased 1.0% in December; 4.7% Annual Increase
- ISM Manufacturing index Decreased to 58.7 in January
- Seven High Frequency Indicators for the Economy
- Monday: ISM Mfg, Construction Spending
- January 31 COVID-19 Test Results and Vaccinations; January Deadliest Month
January 2021
- Q4 2020 GDP Details on Residential and Commercial Real Estate
- January 30 COVID-19 Test Results and Vaccinations
- Schedule for Week of January 31, 2021
- January 29 COVID-19 Test Results and Vaccinations
- Fannie Mae: Mortgage Serious Delinquency Rate Decreased in December
- Freddie Mac: Mortgage Serious Delinquency Rate decreased in December
- GDP Forecasts: Q1 and 2021
- NAR: Pending Home Sales Decrease 0.3% in December
- Black Knight: Number of Homeowners in COVID-19-Related Forbearance Plans Increased
- Personal Income increased 0.6% in December, Spending decreased 0.2%
- Friday: Personal Income and Outlays, Pending Home Sales
- January 28 COVID-19 Test Results and Vaccinations
- A few Comments on December New Home Sales
- Hotels: Occupancy Rate Declined 30.6% Year-over-year
- A Few Comments on Q4 GDP and Investment; Worst Year Since WWII Drawdown
- New Home Sales increase to 842,000 Annual Rate in December; Sales up 18.8% in 2020
- Weekly Initial Unemployment Claims decreased to 847,000
- BEA: Real GDP increased at 4.0% Annualized Rate in Q4
- Thursday: GDP, New Home Sales, Unemployment Claims
- January 27 COVID-19 Test Results and Vaccinations
- FOMC Statement: No Change
- House Prices and Median Household Income
- DOT: Vehicle Miles Driven decreased 10.3% year-over-year in November
- MBA: Mortgage Applications Decrease in Latest Weekly Survey
- Wednesday: FOMC Statement
- January 26 COVID-19 Test Results and Vaccinations; January Now Deadliest Month
- Zillow Case-Shiller House Price Forecast: "Gathering Speed", 10.3% YoY in December
- BLS: December Unemployment rates down in 19 States, Higher in 12 States
- January Vehicle Sales Forecast: "Steady in January"
- Real House Prices and Price-to-Rent Ratio in November
- Case-Shiller: National House Price Index increased 9.5% year-over-year in November
- NMHC: Rent Payment Tracker Shows Households Paying Rent Decreased 2.5% YoY
- Tuesday: Case-Shiller House Prices
- January 25 COVID-19 Test Results and Vaccinations
- MBA Survey: "Share of Mortgage Loans in Forbearance Increases Slightly to 5.38%"
- Record Low Mortgage Rates; Loans Taking 2 Months to Close
- Housing Inventory Weekly Update: At Record Lows
- Dallas Fed: "Texas Manufacturing Expansion Moderates" in January
- Seven High Frequency Indicators for the Economy
- Sunday Night Futures
- January 24 COVID-19 Test Results and Vaccinations
- FOMC Preview
- January 23 COVID-19 Test Results and Vaccinations
- Schedule for Week of January 24, 2021
- January 22 COVID-19 Test Results and Vaccinations
- Black Knight: Number of Homeowners in COVID-19-Related Forbearance Plans Increased Slightly
- Comments on December Existing Home Sales
- Q4 GDP Forecasts
- NAR: Existing-Home Sales Increased to 6.76 million in December
- Black Knight: National Mortgage Delinquency Rate Decreased in December
- Friday: Existing Home Sales
- January 21 COVID-19 Test Results and Vaccinations
- Hotels: Occupancy Rate Declined 31.8% Year-over-year
- Comments on December Housing Starts
- Housing Starts increased to 1.669 Million Annual Rate in December
- Weekly Initial Unemployment Claims decreased to 900,000
- Thursday: Housing Starts, Unemployment Claims, Philly Fed Mfg
- January 20 COVID-19 Test Results
- AIA: "Architecture Billings continue to lose ground" in December
- LA Area Port Traffic: Strong Imports, Weak Exports in December
- NAHB: Builder Confidence Decreased to 83 in January
- MBA: Mortgage Applications Decrease in Latest Weekly Survey
- Wednesday: Homebuilder Survey
- January 19 COVID-19 Test Results
- MBA Survey: "Share of Mortgage Loans in Forbearance Decreases to 5.37%"
- Update Then and Now: With Column Excluding Pandemic
- Lawler: Early Read on Existing Home Sales in December
- Then and Now
- A Positive Note from Merrill: "A light at the end of the COVID cave"
- January 18 COVID-19 Test Results
- Housing Inventory Weekly Update: Starting the Year at Record Lows
- Seven High Frequency Indicators for the Economy
- January 17 COVID-19 Test Results
- Update: The Inland Empire
- January 16 COVID-19 Test Results; Over 50,000 Deaths in January Already
- Schedule for Week of January 17, 2021
- January 15 COVID-19 Test Results
- Phoenix Real Estate in December: Sales Up 27.4% YoY, Active Inventory Down 52% YoY
- Black Knight: Number of Homeowners in COVID-19-Related Forbearance Plans Decreased
- Q4 GDP Forecasts
- CAR on California December Housing: Sales up 28% YoY, Active Listings down 47% YoY
- Industrial Production Increased 1.6 Percent in December; 3.3% Below Pre-Crisis Level
- Retail Sales decreased 0.7% in December
- Friday: Retail Sales, Industrial Production, NY Fed Mfg, PPI
- January 14 COVID-19 Test Results; Record 7-Day Deaths
- Leading Index for Commercial Real Estate Increased in December
- Hotels: Occupancy Rate Declined 28.3% Year-over-year
- Weekly Initial Unemployment Claims increased to 965,000
- Thursday: Unemployment Claims, Fed Chair Powell
- January 13 COVID-19 Test Results; Record 7-Day Deaths
- Las Vegas Visitor Authority: No Convention Attendance, Visitor Traffic Down 57% YoY in November
- Houston Real Estate in December: Sales Up 27% YoY, Inventory Down 29% YoY
- Cleveland Fed: Key Measures Show Inflation Soft in December
- BLS: CPI increased 0.4% in December, Core CPI Increased 0.1%
- MBA: Mortgage Applications Increase in Latest Weekly Survey
- Wednesday: CPI, Beige Book
- January 12 COVID-19 Test Results; Record 7-Day Deaths
- Denver Real Estate in December: Sales Up 5% YoY, Active Inventory Down 50%
- BLS: Job Openings "Little Changed" at 6.5 Million in November
- Small Business Optimism Decreased in December
- Tuesday: Job Openings
- January 11 COVID-19 Test Results; Record 7-Day Cases and Deaths
- MBA Survey: "Share of Mortgage Loans in Forbearance Decreases to 5.46%"
- Sacramento Housing in December: Sales increase 23% YoY, Active Inventory down 44% YoY
- Housing Inventory Weekly Update: Starting the Year at Record Lows
- Seattle Real Estate in December: Sales up 31% YoY, Inventory UP 39% YoY
- Seven High Frequency Indicators for the Economy
- Sunday Night Futures
- January 10 COVID-19 Test Results; Record 7-Day Cases and Deaths
- By Request: Public and Private Sector Payroll Jobs During Presidential Terms
- A Brief Comment on the events of January 6, 2021
- January 9 COVID-19 Test Results; Record 7-Day Deaths
- Schedule for Week of January 10, 2021
- January 8 COVID-19 Test Results; Record 7-Day Deaths and Cases
- AAR: December Rail Carloads down 3.7% YoY, Intermodal Up 12.2% YoY
- Q4 GDP Forecasts
- Black Knight: Number of Homeowners in COVID-19-Related Forbearance Plans Decreased
- NMHC: Rent Payment Tracker Shows Households Paying Rent Decreased 1.7% YoY in Early January
- Comments on December Employment Report
- December Employment Report: 140 Thousand Jobs LOST, 6.7% Unemployment Rate
- Friday: Employment Report
- January 7 COVID-19 Test Results; Record 7-Day Deaths and Cases
- Goldman December Payrolls Preview
- December Employment Preview
- Hotels: Occupancy Rate Declined 17.2% Year-over-year
- ISM Services Index Increased to 57.2% in December
- Trade Deficit Increased to $68.1 Billion in November
- Weekly Initial Unemployment Claims at 787,000
- Thursday: Unemployment Claims, Trade Deficit, ISM Services
- January 6 COVID-19 Test Results; Record Hospitalizations, Record 7-Day Cases
- FOMC Minutes: "Uncertainty surrounding the economic outlook"
- U.S. Heavy Truck Sales down 5% Year-over-year in December
- December Vehicles Sales increased to 16.27 Million SAAR; Annual Sales off 14.7%
- Las Vegas Real Estate in December: Sales up 27% YoY, Inventory down 38% YoY
- ADP: Private Employment decreased 123,000 in December
- MBA: Mortgage Applications Decrease "Over a Two-Week Period" in Latest Weekly Survey
- Wednesday: ADP Employment
- January 5 COVID-19 Test Results; Record Hospitalizations, Record 7-Day Cases
- MBA Survey: "Share of Mortgage Loans in Forbearance Remains Flat at 5.53%"
- Housing Inventory: Zillow vs. NAR
- ISM Manufacturing index Increased to 60.7 in December
- CoreLogic: House Prices up 8.2% Year-over-year in November
- Tuesday: ISM Manufacturing
- January 4 COVID-19 Test Results; Record Hospitalizations
- Housing Inventory: Starting the Year at Record Lows
- Update: Framing Lumber Prices More Than Double Year-over-year
- Construction Spending Increased 0.9% in November
- Seven High Frequency Indicators for the Economy
- Sunday Night Futures
- January 3 COVID-19 Test Results; Record Hospitalizations
- Four Bank Failures in 2020
- Q4 2020 Update: Unofficial Problem Bank list Increased to 65 Institutions
- January 2 COVID-19 Test Results
- Question #1 for 2021: How much will the economy grow in 2021?
- Schedule for Week of January 3, 2021
- January 1 COVID-19 Test Results
- Question #2 for 2021: Will all the jobs lost in 2020 return in 2021, or will job growth be sluggish?
- Question #3 for 2021: What will the unemployment rate be in December 2021?
- Black Knight: Number of Homeowners in COVID-19-Related Forbearance Plans Increased Slightly