by Calculated Risk on 12/16/2025 12:25:00 PM Today, in the Calculated Risk Real Estate Newsletter: Part 2: Current State of the Housing Market; Overview for mid-December 2025 A brief excerpt: Yesterday, in Part 1: Current State of the Housing Market; Overview for mid-December 2025 I reviewed home inventory and sales. I noted that the key…
by Calculated Risk on 12/16/2025 10:33:00 AM On a monthly basis, retail sales were unchanged from September to October (seasonally adjusted), and sales were up 3.5 percent from October 2024. From the Census Bureau report: Advance estimates of U.S. retail and food services sales for October 2025, adjusted for seasonal variation and holiday and trading-day…
by Calculated Risk on 12/15/2025 07:36:00 PM From Matthew Graham at Mortgage News Daily: Mortgage Rates Slightly Lower as Volatility Risks Increase Mortgage rates were just slightly lower to start the new week. This leaves the average lender’s top tier 30yr fixed rate almost dead center in the narrow range that’s been intact since early…
by Calculated Risk on 12/15/2025 12:38:00 PM Today, in the Calculated Risk Real Estate Newsletter: Part 1: Current State of the Housing Market; Overview for mid-December 2025 A brief excerpt: This 2-part overview for mid-December provides a snapshot of the current housing market. Note that we are still missing some key pieces of data due…
by Calculated Risk on 12/15/2025 10:00:00 AM The National Association of Home Builders (NAHB) reported the housing market index (HMI) was at 39, up from 38 last month. Any number below 50 indicates that more builders view sales conditions as poor than good. From the NAHB: NAHB/Wells Fargo Housing Market Index (HMI) Builder confidence in…
by Calculated Risk on 12/14/2025 06:15:00 PM Weekend:• Schedule for Week of December 14, 2025 Monday:• At 8:30 AM ET, The New York Fed Empire State manufacturing survey for December. The consensus is for a reading of 10.8, down from 18.7. • 10:00 AM, The December NAHB homebuilder survey. The consensus is for a reading…
TLDR: Uber will invest over $400M in Japan in 2025 to grow local operations and marketing. The company plans deeper partnerships with taxi operators to strengthen mobility services. Uber Eats adoption in Japan is 20%, leaving room for growth in urban areas. Digital income programs for drivers may expand to Japan, offering flexible work opportunities….
by Calculated Risk on 12/14/2025 10:23:00 AM What this means: On a weekly basis, Realtor.com reports the year-over-year change in active inventory, new listings and median prices. On a monthly basis, they report total inventory. For November, Realtor.com reported active inventory was up 12.6% YoY, but still down 11.7% compared to the 2017 to 2019 same month…
At the Calculated Risk Real Estate Newsletter this week: Click on graph for larger image. • 2nd Look at Local Housing Markets in November • Mortgage Rates: The New Normal • Lawler: More on the “Neutral” Interest Rate (R*) • December ICE Mortgage Monitor: Home Prices “Firmed” in November, Up 0.8% Year-over-year • 1st Look…
Special Note: There is still uncertainty on when some economic reports will be released.The key economic reports this week are the November Employment report, October Retail Sales, November CPI, and November Existing Home Sales. For manufacturing, the December New York, Philly and Kansas City Fed surveys will be released this week. —– Monday, December 15th…