by Calculated Risk on 1/05/2026 10:00:00 AM (Posted with permission). The ISM manufacturing index indicated contraction. The PMI® was at 47.9% in December, down from 48.2% in November. The employment index was at 44.9%, up from 44.0% the previous month, and the new orders index was at 47.7%, up from 47.4%. From ISM: Manufacturing PMI®…
by Calculated Risk on 1/04/2026 06:13:00 PM Weekend:• Schedule for Week of January 4, 2026 Monday:• Early, Light vehicle sales for December. The consensus is for 15.5 million SAAR in December, down from 15.6 million SAAR in November (Seasonally Adjusted Annual Rate). • At 10:00 AM ET, ISM Manufacturing Index for December. The consensus is…
by Calculated Risk on 1/04/2026 08:12:00 AM Here is another update on lumber prices. 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 term price comparisons since the new contract was…
At the Calculated Risk Real Estate Newsletter this week: Click on graph for larger image. • Case-Shiller: National House Price Index Up 1.4% year-over-year in October • FHFA’s Q3 National Mortgage Database: Outstanding Mortgage Rates, LTV and Credit Scores • Freddie Mac House Price Index Up 1.0% Year-over-Year in November • Inflation Adjusted House Prices…
by Calculated Risk on 1/03/2026 08:11:00 AM The key reports this week are the December employment report and Housing Starts for September and October. Other key indicators include the November Trade Deficit, November Job Openings, December ISM Manufacturing and December Vehicle Sales. —– Monday, January 5th —– Early: Light vehicle sales for December. The consensus…
by Calculated Risk on 1/02/2026 11:12:00 AM Today, in the Calculated Risk Real Estate Newsletter: Inflation Adjusted House Prices 2.7% Below 2022 Peak Excerpt: It has almost 20 years since the housing bubble peak, ancient history for many readers! In the October Case-Shiller house price index released Tuesday, the seasonally adjusted National Index (SA), was…
by Calculated Risk on 1/02/2026 08:11:00 AM Earlier I posted some questions on my blog for next year: Ten Economic Questions for 2026. 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…
by Calculated Risk on 1/01/2026 02:36:00 PM Earlier I posted some questions on my blog for next year: Ten Economic Questions for 2026. 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…
by Calculated Risk on 1/01/2026 09:11:00 AM Earlier I posted some questions on my blog for next year: Ten Economic Questions for 2026. 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…
Note: Mortgage rates are from MortgageNewsDaily.com and are for top tier scenarios. Thursday: • The NYSE and the NASDAQ will be closed in observance of the New Year’s Day holiday Source link