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Housing October Update: Inventory Increased 0.8% Last Week; Hits New Peak for 2022
http://www.calculatedriskblog.com/2022/10/housing-october-update-inventory.html
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Four High Frequency Indicators for the Economy
http://www.calculatedriskblog.com/2022/10/four-high-frequency-indicators-for.html
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Monday: ISM Mfg, Construction Spending
http://www.calculatedriskblog.com/2022/10/monday-ism-mfg-construction-spending.html
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Update: Framing Lumber Prices Close to Pre-Pandemic Levels
http://www.calculatedriskblog.com/2022/10/update-framing-lumber-prices-close-to.html
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Real Estate Newsletter Articles this Week
At the Calculated Risk Real Estate Newsletter this week: • Goldman Sees US House Prices Falling 5% to 10%• Case-Shiller: National House Price Index “Continued… Real Estate Newsletter Articles this Week
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Schedule for Week of October 2, 2022
The key report this week is the September employment report on Friday. Other key indicators include the September ISM Manufacturing and Services indices, September auto sales and the August trade deficit. —– Monday, Oct 3rd —–10:00 AM: ISM Manufacturing Index for September. The consensus is for a reading of 52.2, down from 52.8 in August. 10:00 AM: Construction Spending for August. The consensus is for a 0.3% decrease. —– Tuesday, Oct 4th —–8:00 AM ET: Corelogic House Price index for August. 10:00 AM: Job Openings and Labor Turnover Survey for August from the BLS. This graph shows job openings (black line), hires (purple), Layoff, Discharges and other (red column), and…
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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