by Calculated Risk on 6/02/2025 02:01:00 PM Today, in the Real Estate Newsletter: June ICE Mortgage Monitor: Home Prices Continue to Cool Brief excerpt: House Price Growth Continues to Slow Here is the year-over-year in house prices according to the ICE Home Price Index (HPI). The ICE HPI is a repeat sales index. ICE reports…
by Calculated Risk on 6/02/2025 11:10:00 AM Today, in the Calculated Risk Real Estate Newsletter: Fannie and Freddie: Single Family Serious Delinquency Rates Decreased in April Excerpt: Freddie Mac reported that the Single-Family serious delinquency rate in April was 0.57%, down from 0.59% March. Freddie’s rate is up year-over-year from 0.51% in April 2024, however,…
by Calculated Risk on 6/01/2025 06:13:00 PM Weekend:• Schedule for Week of June 1, 2025 Monday:• At 10:00 AM ET, ISM Manufacturing Index for May. The consensus is for the ISM to be at 49.2, up from 48.7 in April. • Also at 10:00 AM, Construction Spending for April. The consensus is for a 0.4%…
by Calculated Risk on 6/01/2025 08:21:00 AM This is something to watch again. Here is another monthly update on lumber prices. SPECIAL NOTE: The CME group discontinued the Random Length Lumber Futures contract on May 16, 2023. I switched to a physically-delivered Lumber Futures contract that was started in August 2022. Unfortunately, this impacts long…
At the Calculated Risk Real Estate Newsletter this week: Click on graph for larger image. • Case-Shiller: National House Price Index Up 3.4% year-over-year in March • Inflation Adjusted House Prices 1.0% Below 2022 Peak • Freddie Mac House Price Index Declined in April; Up 2.6% Year-over-year • Final Look at Local Housing Markets in…
by Calculated Risk on 5/31/2025 08:11:00 AM The key report scheduled for this week is the May employment report. Other key reports include the May ISM Manufacturing, Vehicle Sales and April trade balance. —– Monday, June 2nd —– 10:00 AM: ISM Manufacturing Index for May. The consensus is for the ISM to be at 49.2,…
by Calculated Risk on 5/30/2025 07:39:00 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 5/30/2025 02:09:00 PM From BofA: Since our last weekly publication, our 2Q GDP tracking is down two-tenths to +1.8% q/q saar. [May 30th estimate]emphasis added From Goldman: The goods trade deficit narrowed by more than expected in April, reflecting a sharp decline in goods imports and a moderate increase in goods…
by Calculated Risk on 5/30/2025 01:10:00 PM The U.S. hotel industry reported mixed year-over-year comparisons, according to CoStar’s latest data through 24 May. … 18-24 May 2025 (percentage change from comparable week in 2024): • Occupancy: 67.5% (-0.4%)• Average daily rate (ADR): US$164.57 (+1.5%)• Revenue per available room (RevPAR): US$111.02 (+1.1%)emphasis added The following graph…
by Calculated Risk on 5/30/2025 10:09:00 AM Today, in the Calculated Risk Real Estate Newsletter: Freddie Mac House Price Index Declined in April; Up 2.6% Year-over-year A brief excerpt: Freddie Mac reported that its “National” Home Price Index (FMHPI) decreased -0.15% month-over-month (MoM) on a seasonally adjusted (SA) basis in April. On a year-over-year basis,…