by Calculated Risk on 7/11/2025 08:26:00 AM Today, in the Calculated Risk Real Estate Newsletter: 2nd Look at Local Housing Markets in June A brief excerpt: Closed sales in June were mostly for contracts signed in April and May, and mortgage rates, according to the Freddie Mac PMMS, averaged 6.73% in April and 6.82% in…
by Calculated Risk on 7/10/2025 04:47:00 PM From Dodge Data Analytics: Dodge Momentum Index Expands 7% in June The Dodge Momentum Index (DMI), issued by Dodge Construction Network, grew 6.8% in June to 225.1 (2000=100) from the downwardly revised May reading of 210.9. Over the month, commercial planning grew 7.3% while institutional planning improved 5.7%….
The number of Americans who applied for unemployment benefits for the first time fell to 227,000 last week, which is 5,000 less than the figure a week earlier. The current level was the lowest since the end of May, indicating the continued stability of the labor market. The data for the previous week was revised…
by Calculated Risk on 7/10/2025 02:19:00 PM The U.S. hotel industry reported negative year-over-year comparisons, according to CoStar’s latest data through 5 July. … 29 June through 5 July 2025 (percentage change from comparable week in 2024): • Occupancy: 61.1% (-0.4%)• Average daily rate (ADR): US$156.71 (-0.9%)• Revenue per available room (RevPAR): US$95.80 (-1.3%)emphasis added…
Bitcoin has updated its historical maximum amid growing investor interest. The cryptocurrency exchange rate rose to a record $112,022 due to increased risk appetite and stable demand from institutional investors. Bitcoin is supported by the friendly policy of the Donald Trump administration, as well as the plans of Trump Media & Technology Group to launch…
by Calculated Risk on 7/10/2025 11:09:00 AM Today, in the Calculated Risk Real Estate Newsletter: Part 2: Current State of the Housing Market; Overview for mid-July 2025 A brief excerpt: Yesterday, in Part 1: Current State of the Housing Market; Overview for mid-July 2025 I reviewed home inventory, housing starts and sales. I noted that…
by Calculated Risk on 7/10/2025 08:30:00 AM The DOL reported: In the week ending July 5, the advance figure for seasonally adjusted initial claims was 227,000, a decrease of 5,000 from the previous week’s revised level. The previous week’s level was revised down by 1,000 from 233,000 to 232,000. The 4-week moving average was 235,500,…
British companies generally remain resilient to external economic shocks, including trade wars and rising borrowing costs. This is stated in the latest report of the Bank of England on financial stability. According to the regulator, even with a 10% drop in profits and a sharp rise in the cost of loans, most companies will be…
by Calculated Risk on 7/09/2025 08:17:00 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. The consensus is for initial claims to increase to 235 thousand from 233 thousand last week. Source link
by Calculated Risk on 7/09/2025 02:00:00 PM Different views on possible rate cuts (see paragraph 2). From the Fed: Minutes of the Federal Open Market Committee, June 17–18, 2025. Excerpt: In considering the outlook for monetary policy, participants generally agreed that, with economic growth and the labor market still solid and current monetary policy moderately…