At the beginning of the week, gold showed a decline of almost 1% – investors are reacting to the growth of the dollar against major world currencies. August gold futures on the Comex exchange fell 0.9% to $3,312.6 per troy ounce. However, despite the current decline, the precious metal has grown by about 25% since…
by Calculated Risk on 7/07/2025 02:38:00 PM 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…
Gold is maintaining a bearish intraday tone today.Oscillators on the daily chart are just beginning to show negative momentum, indicating the potential for further declines in the metal’s price. The XAU/USD pair has repeatedly failed to break above the 100-period Simple Moving Average (SMA) on the 4-hour chart, leading to a drop in price to…
by Calculated Risk on 7/07/2025 10:57:00 AM Today, in the Real Estate Newsletter: July ICE Mortgage Monitor: Home Prices Continue to Cool, Early Signs of Homeowner Risk Emerge 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…
by Calculated Risk on 7/06/2025 06:17:00 PM Weekend:• Schedule for Week of July 6, 2025 Monday:• No major economic releases scheduled. From CNBC: Pre-Market Data and Bloomberg futures S&P 500 are down 22 and DOW futures are down 112 (fair value). Oil prices were up over the last week with WTI futures at $66.50 per…
by Calculated Risk on 7/06/2025 09:52:00 AM The first graph shows the unemployment rate by four levels of education (all groups are 25 years and older) through June 2025. Note: This is an update to a post from several years ago. Unfortunately, this data only goes back to 1992 and includes only three recessions (the…
At the Calculated Risk Real Estate Newsletter this week: Click on graph for larger image. • FHFA’s National Mortgage Database: Outstanding Mortgage Rates, LTV and Credit Scores • Freddie Mac House Price Index Declined in May; Up 2.2% Year-over-year • Fannie and Freddie: Single Family Serious Delinquency Rates Decreased in May • Asking Rents Mostly…
by Calculated Risk on 7/05/2025 08:11:00 AM This will be a very light week for economic data. —– Monday, July 7th —– No major economic releases scheduled. —– Tuesday, July 8th —– 6:00 AM ET: NFIB Small Business Optimism Index for June. —– Wednesday, July 9th —– 7:00 AM ET: The Mortgage Bankers Association (MBA)…
by Calculated Risk on 7/04/2025 08:21:00 AM The U.S. hotel industry reported mostly negative year-over-year comparisons, according to CoStar’s latest data through 28 June. … 22-28 June 2025 (percentage change from comparable week in 2024): • Occupancy: 71.9% (-0.1%)• Average daily rate (ADR): US$163.30 (0.0%)• Revenue per available room (RevPAR): US$117.45 (-0.1%) emphasis added The…
by Calculated Risk on 7/03/2025 07:49:00 PM Note: Mortgage rates are from MortgageNewsDaily.com and are for top tier scenarios. There will be additional trade related distortions in Q2 boosting GDP. From Goldman: Following this morning’s data, we have lowered our Q2 GDP tracking estimate by 0.6pp to +3.0% (quarter-over-quarter annualized). Our Q2 domestic final sales…