by Calculated Risk on 4/24/2025 04:48:00 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 4/24/2025 01:55:00 PM As expected due to the Easter and Passover holidays, the U.S. hotel industry reported negative year-over-year comparisons, according to CoStar’s latest data through 19 April. … 13-19 April 2025 (percentage change from comparable week in 2024): • Occupancy: 61.4% (-8.1%)• Average daily rate (ADR): US$158.00 (-1.3%)• Revenue per…
by Calculated Risk on 4/24/2025 10:50:00 AM Today, in the CalculatedRisk Real Estate Newsletter: NAR: Existing-Home Sales Decreased to 4.02 million SAAR in March; Down 2.4% YoY Excerpt: Sales in March (4.02 million SAAR) were down 5.9% from the previous month and were 2.4% below the February 2024 sales rate. This was the 2nd consecutive…
by Calculated Risk on 4/24/2025 10:00:00 AM From the NAR: Existing-Home Sales Receded 5.9% in March Existing-home sales descended in March, according to the National Association of REALTORS®. Sales slid in all four major U.S. regions. Year-over-year, sales dropped in the Midwest and South, increased in the West and were unchanged in the Northeast. Total…
by Calculated Risk on 4/24/2025 08:30:00 AM The DOL reported: In the week ending April 19, the advance figure for seasonally adjusted initial claims was 222,000, an increase of 6,000 from the previous week’s revised level. The previous week’s level was revised up by 1,000 from 215,000 to 216,000. The 4-week moving average was 220,250,…
by Calculated Risk on 4/23/2025 08:36:00 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. Initial claims were at 215 thousand last week. • Also at 8:30 AM, Durable Goods Orders for March from the Census Bureau….
by Calculated Risk on 4/23/2025 06:31:00 PM From WardsAuto: Pre-Tariff U.S. Light-Vehicle Sales Surge Continues in April, Sapping Dealer Inventory (pay content). Brief excerpt: If the forecast holds firm, inventory will fall below the year-ago month for the first time in nearly three years. Less inventory could take pressure off automakers and dealers to limit…
by Calculated Risk on 4/23/2025 06:06:00 PM Note: This index is a leading indicator primarily for new Commercial Real Estate (CRE) investment. From the AIA: ABI March 2025: Business conditions at architecture firms soften further The ABI/Deltek Architecture Billings Index dipped further from February to 44.1 in March, as even more firms reported a decline…
by Calculated Risk on 4/23/2025 02:17:00 PM From the National Center for Health Statistics: Births: Provisional Data for 2024. The NCHS reports: The provisional number of births for the United States in 2024 was 3,622,673, up 1% from 2023. The general fertility rate was 54.6 births per 1,000 females ages 15–44, an increase of less…
by Calculated Risk on 4/23/2025 10:35:00 AM Today, in the Calculated Risk Real Estate Newsletter: New Home Sales Increase to 724,000 Annual Rate in March Brief excerpt: The Census Bureau reported New Home Sales in March were at a seasonally adjusted annual rate (SAAR) of 724 thousand. The previous three months were revised down, combined.…The…