by Calculated Risk on 12/29/2024 10:11:00 AM Earlier I posted some questions on my blog for next year: Ten Economic Questions for 2025. Some of these questions concern real estate (inventory, house prices, housing starts, new home sales), and I posted thoughts on those in the newsletter (others like GDP and employment will be on…
At the Calculated Risk Real Estate Newsletter this week: Click on graph for larger image. • New Home Sales Increase to 664,000 Annual Rate in November • FHFA’s National Mortgage Database: Outstanding Mortgage Rates, LTV and Credit Scores • Lawler: New Census Population Estimates Show Massively Higher Population Growth • Question #8 for 2025: How…
by Calculated Risk on 12/28/2024 08:11:00 AM Happy New Year! Wishing you all the best in 2025. The key reports this week are the October Case-Shiller house price indexes, the December ISM manufacturing survey and December vehicle sales. —– Monday, December 30th —– 9:45 AM: Chicago Purchasing Managers Index for December. 10:00 AM: Pending Home…
by Calculated Risk on 12/27/2024 07:11:00 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 12/27/2024 11:21:00 AM Today, in the Calculated Risk Real Estate Newsletter: FHFA’s National Mortgage Database: Outstanding Mortgage Rates, LTV and Credit Scores A brief excerpt: Here are some graphs on outstanding mortgages by interest rate, the average mortgage interest rate, borrowers’ credit scores and current loan-to-value (LTV) from the FHFA’s National…
by Calculated Risk on 12/27/2024 10:40:00 AM From Goldman: We lowered our Q4 GDP tracking estimate by 0.1pp to +2.3% (quarter-over-quarter annualized). Our Q4 domestic final sales forecast stands at +2.3% (quarter-over-quarter annualized). [Dec 27th estimate]emphasis added And from the Atlanta Fed: GDPNow The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate)…
by Calculated Risk on 12/27/2024 08:11:00 AM Earlier I posted some questions on my blog for next year: Ten Economic Questions for 2025. Some of these questions concern real estate (inventory, house prices, housing starts, new home sales), and I posted thoughts on those in the newsletter (others like GDP and employment will be on…
The dollar’s share of global foreign exchange reserves in the third quarter reached its lowest level in almost 30 years. According to the International Monetary Fund (IMF), the indicator decreased by 0.85 percentage points, amounting to 57.4%. This is the lowest value since 1995, as there are no earlier statistics. The decrease in the dollar’s…
by Calculated Risk on 12/26/2024 05:02:00 PM Today, in the CalculatedRisk Real Estate Newsletter: Question #8 for 2025: How much will Residential investment change in 2025? How about housing starts and new home sales in 2025? Excerpt: Earlier I posted some questions on my blog for next year: Ten Economic Questions for 2025. Some of…
According to Vanda Research, Nvidia shares attracted record investments of almost $30 billion in 2024. This has made them the most popular among private investors. As of the end of December, Nvidia shares are on track to overtake the popularity of Tesla shares, which were the leaders in 2023. «Nvidia kind of stole the show…