by Calculated Risk on 8/08/2025 08:15:00 AM Today, in the Calculated Risk Real Estate Newsletter: 1st Look at Local Housing Markets in July A brief excerpt: Tracking local data gives an early look at what happened the previous month and also reveals regional differences in both sales and inventory. Closed sales in July were mostly…
by Calculated Risk on 8/07/2025 05:46:00 PM What this means: On a weekly basis, Realtor.com reports the year-over-year change in active inventory and new listings. On a monthly basis, they report total inventory. For July, Realtor.com reported inventory was up 24.8% YoY, but still down 13.4% compared to the 2017 to 2019 same month levels. …
by Calculated Risk on 8/07/2025 10:29:00 AM The U.S. hotel industry reported mostly positive year-over-year comparisons, according to CoStar’s latest data through 2 August. … 27 July through 2 August 2025 (percentage change from comparable week in 2024): • Occupancy: 69.5% (-0.1%)• Average daily rate (ADR): US$161.00 (+0.5%)• Revenue per available room (RevPAR): US$111.90 (+0.4%)emphasis…
by Calculated Risk on 8/07/2025 09:15:00 AM From Manheim Consulting today: Wholesale Used-Vehicle Prices Decreased in July Wholesale used-vehicle prices (on a mix, mileage, and seasonally adjusted basis) were lower in July compared to June. The Manheim Used Vehicle Value Index (MUVVI) declined to 207.4, which is still an increase of 2.9% from a year…
by Calculated Risk on 8/07/2025 08:30:00 AM The DOL reported: In the week ending August 2, the advance figure for seasonally adjusted initial claims was 226,000, an increase of 7,000 from the previous week’s revised level. The previous week’s level was revised up by 1,000 from 218,000 to 219,000. The 4-week moving average was 220,750,…
by Calculated Risk on 8/06/2025 07:27:00 PM Note: Mortgage rates are from MortgageNewsDaily.com and are for top tier scenarios. Thursday:• At 8:30 AM ET, The initial weekly unemployment claims report will be released. The consensus is for initial claims to increase to 220 thousand from 218 thousand last week. Source link
by Calculated Risk on 8/06/2025 01:21:00 PM Early in February, I expressed my “increasing concern” about the negative economic impact of “executive / fiscal policy errors”, however, I concluded that post by noting that I was not currently on recession watch. In early April, I went on recession watch, but I’m still not yet predicting a…
by Calculated Risk on 8/06/2025 10:20:00 AM Today, in the Real Estate Newsletter: Asking Rents Mostly Unchanged Year-over-year Brief excerpt: Another monthly update on rents. Tracking rents is important for understanding the dynamics of the housing market. Slower household formation and increased supply (more multi-family completions) has kept asking rents under pressure. More recently, immigration…
by Calculated Risk on 8/06/2025 07:00:00 AM From the MBA: Mortgage Applications Increase in Latest MBA Weekly Survey Mortgage applications increased 3.1 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending August 1, 2025. The Market Composite Index, a measure of mortgage…
by Calculated Risk on 8/05/2025 08:56:00 PM Note: Mortgage rates are from MortgageNewsDaily.com and are for top tier scenarios. Wednesday:• At 7:00 AM ET, The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index. Source link