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  • Economics

    New Home Sales Increase to 685,000 Annual Rate in August

    September 27, 2022 / 42 Comments

    The Census Bureau reports New Home Sales in August were at a seasonally adjusted annual rate (SAAR) of 685 thousand.The previous three months were revised… New Home Sales Increase to 685,000 Annual Rate in August

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    Bill McBride
  • Economics

    Comments on July Case-Shiller and FHFA House Price Decreases

    September 27, 2022 / 1 Comment

    Today, in the Calculated Risk Real Estate Newsletter: Case-Shiller: National House Price Index “Continued its Deceleration” to 15.8% year-over-year increase in JulyExcerpt: Both the Case-Shiller… Comments on July Case-Shiller and FHFA House Price Decreases

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    Bill McBride
  • Economics

    Case-Shiller: National House Price Index "Continued its Deceleration" to 15.8% year-over-year increase in July

    September 27, 2022 / 5 Comments

    S&P/Case-Shiller released the monthly Home Price Indices for July (“July” is a 3-month average of May, June and July closing prices).This release includes prices for… Case-Shiller: National House Price Index "Continued its Deceleration" to 15.8% year-over-year increase in July

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    Bill McBride
  • Economics

    Tuesday: Durable Goods, Case-Shiller and FHFA House Prices, New Home Sales, Richmond Fed Mfg

    September 26, 2022 / 11 Comments

    From Matthew Graham at Mortgage News Daily: Mortgage Rates Now at 20-Year HighsThe most recent historical high water market for mortgage rates was “14 years.”… Tuesday: Durable Goods, Case-Shiller and FHFA House Prices, New Home Sales, Richmond Fed Mfg

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    Bill McBride
  • Economics

    Freddie Mac: Mortgage Serious Delinquency Rate decreased in August

    September 26, 2022 / 16 Comments

    Freddie Mac reported that the Single-Family serious delinquency rate in August was 0.70%, down from 0.73% July. Freddie’s rate is down year-over-year from 1.62% in… Freddie Mac: Mortgage Serious Delinquency Rate decreased in August

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    Bill McBride
  • Economics

    New Home Sales and Cancellations: Net vs Gross Sales

    September 26, 2022 / 19 Comments

    Today, in the Calculated Risk Real Estate Newsletter: New Home Sales and Cancellations: Net vs Gross SalesA brief excerpt: Tomorrow (Tuesday), the Census Bureau will… New Home Sales and Cancellations: Net vs Gross Sales

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    Bill McBride
  • Economics

    Housing September 26th Update: Inventory Increased 0.9% Last Week; Hits New Peak for 2022

    September 26, 2022 / 15 Comments

    Active inventory increased for the 2nd consecutive week, increasing 0.9% last week, and hitting a new peak for the year.  Here are the same week… Housing September 26th Update: Inventory Increased 0.9% Last Week; Hits New Peak for 2022

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    Bill McBride
  • Economics

    Four High Frequency Indicators for the Economy

    September 26, 2022 / 1 Comment

    These indicators are mostly for travel and entertainment.    It is interesting to watch these sectors recover as the pandemic subsides.  Notes: I’ve added back… Four High Frequency Indicators for the Economy

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    Bill McBride
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