by Calculated Risk on 4/20/2025 10:00:00 AM This is something to watch with less international travel. Here are the daily travel numbers from the TSA. This data is as of April 16, 2025. Click on graph for larger image. This data shows the 7-day average of daily total traveler throughput from the TSA (Blue). Air travel is…
At the Calculated Risk Real Estate Newsletter this week: Click on graph for larger image. • Housing and Demographics • Housing Starts Decreased to 1.324 million Annual Rate in March • Watch Inventory and Why Measures of Existing Home Inventory appear Different • 3rd Look at Local Housing Markets in March This is usually published…
by Calculated Risk on 4/19/2025 08:11:00 AM The key reports scheduled for this week are March New and Existing Home sales. For manufacturing, the April Richmond and Kansas City manufacturing surveys will be released. —– Monday, April 21st —– No major economic releases scheduled. —– Tuesday, April 22nd —– 10:00 AM: Richmond Fed Survey of…
by Calculated Risk on 4/18/2025 06:42:00 PM Note: Mortgage rates are from MortgageNewsDaily.com and are for top tier scenarios. For deaths, I’m currently using 4 weeks ago for “now”, since the most recent three weeks will be revised significantly. Note: “Effective May 1, 2024, hospitals are no longer required to report COVID-19 hospital admissions, hospital…
by Calculated Risk on 4/18/2025 11:39:00 AM Today, in the Calculated Risk Real Estate Newsletter: Housing and Demographics A brief excerpt: I’ll return to the above graph and discuss some of the implications for the next decade, but first, here is a similar graph for July 2010. The arrow points to the large cohort moving…
by Calculated Risk on 4/18/2025 08:30:00 AM From BofA: 1Q GDP tracking increased three tenths to 0.7% q/q saar after the upward revisions to Jan and Feb core control retail sales. [Apr 17th estimate]emphasis added From Goldman: We left our Q1 GDP tracking estimate unchanged at +0.4% (quarter-over-quarter annualized). [Apr 17th estimate] And from the…
by Calculated Risk on 4/17/2025 08:31:00 PM Note: Mortgage rates are from MortgageNewsDaily.com and are for top tier scenarios. Friday:• All US markets will be closed in observance of Good Friday. • AT 10:00 AM ET, State Employment and Unemployment (Monthly) for March 2025 Source link
by Calculated Risk on 4/17/2025 01:05:00 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 March, Realtor.com reported inventory was up 28.5% YoY, but still down 20.2% compared to the 2017 to 2019 same month levels. …
by Calculated Risk on 4/17/2025 09:30:00 AM Today, in the Calculated Risk Real Estate Newsletter: Housing Starts Decreased to 1.324 million Annual Rate in March A brief excerpt: First, from Reuters: D.R. Horton cuts 2025 revenue forecast on weak demand for homes U.S. homebuilder D.R. Horton lowered its full-year revenue forecast and missed second-quarter profit…
by Calculated Risk on 4/17/2025 08:40:00 AM From the Census Bureau: Permits, Starts and Completions Housing Starts:Privately-owned housing starts in March were at a seasonally adjusted annual rate of 1,324,000. This is 11.4 percent below the revised February estimate of 1,494,000, but is 1.9 percent above the March 2024 rate of 1,299,000. Single-family housing starts…