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COVID Sept 30, 2022, Update on Cases, Hospitalizations and Deaths
NOTE: Starting next week, COVID stats will be updated only on Fridays.On COVID (focus on hospitalizations and deaths):COVID Metrics NowWeekAgoGoal New Cases per Day245,72554,205≤5,0001 Hospitalized223,05225,159≤3,0001… COVID Sept 30, 2022, Update on Cases, Hospitalizations and Deaths
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Fannie Mae: Mortgage Serious Delinquency Rate Decreased in August
Fannie Mae reported that the Single-Family Serious Delinquency decreased to 0.72% in August from 0.76% in July. The serious delinquency rate is down from 1.79%… Fannie Mae: Mortgage Serious Delinquency Rate Decreased in August
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Goldman Sees US House Prices Falling 5% to 10%
Today, in the Calculated Risk Real Estate Newsletter: Goldman See US House Prices Falling 5% to 10%Excerpt: The recent weakness in the housing market, combined… Goldman Sees US House Prices Falling 5% to 10%
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Q3 GDP Tracking: 1% to 2% Range
From BofA: Overall, the data since our last weekly publication and our updated assumptions on trade boosted our 3Q US GDP tracking from 0.8% q/q… Q3 GDP Tracking: 1% to 2% Range
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Realtor.com Reports Weekly Active Inventory Up 29% Year-over-year; New Listings Down 10%
Realtor.com has monthly and weekly data on the existing home market. Here is their weekly report released yesterday from Chief Economist Danielle Hale and Jiayi… Realtor.com Reports Weekly Active Inventory Up 29% Year-over-year; New Listings Down 10%
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Personal Income increased 0.3% in August; Spending increased 0.4%
The BEA released the Personal Income and Outlays, August 2022 and Annual Update report: Personal income increased $71.6 billion (0.3 percent) in August, according to… Personal Income increased 0.3% in August; Spending increased 0.4%
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Friday: Personal Income & Outlays, Chicago PMI
Friday:• At 8:30 AM ET, Personal Income and Outlays, August 2022 and Annual Update The consensus is for a 0.3% increase in personal income, and… Friday: Personal Income & Outlays, Chicago PMI
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Las Vegas August 2022: Visitor Traffic Down 10.9% Compared to 2019
Note: I like using Las Vegas as a measure of recovery for both leisure (visitors) and business (conventions).From the Las Vegas Visitor Authority: August 2022… Las Vegas August 2022: Visitor Traffic Down 10.9% Compared to 2019
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Hotels: Occupancy Rate Down 1.5% Compared to Same Week in 2019
Note: The occupancy rate will increase next week due to Hurricane Ian.From CoStar: STR: US Weekly Hotel Occupancy Reaches 70%U.S. hotel performance increased from the… Hotels: Occupancy Rate Down 1.5% Compared to Same Week in 2019
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Inflation Adjusted House Prices Declined Further in July
Today, in the Calculated Risk Real Estate Newsletter: Inflation Adjusted House Prices Declined Further in JulyExcerpt: It has been over 16 years since the bubble… Inflation Adjusted House Prices Declined Further in July