by Calculated Risk on 8/15/2025 08:30:00 AM On a monthly basis, retail sales increased 0.5% from June to July (seasonally adjusted), and sales were up 3.9 percent from July 2024. From the Census Bureau report: Advance estimates of U.S. retail and food services sales for July 2025, adjusted for seasonal variation and holiday and trading-day…
by Calculated Risk on 8/14/2025 08:45:00 PM Note: Mortgage rates are from MortgageNewsDaily.com and are for top tier scenarios. Friday:• At 8:30 AM ET, Retail sales for July is scheduled to be released. The consensus is for 0.5% increase in retail sales. • Also at 8:30 AM, The New York Fed Empire State manufacturing survey…
by Calculated Risk on 8/14/2025 06:21:00 PM From First American Chief Economist Mark Fleming Housing Market Returning to Reality as National Price Growth Cools Further in July, According to First American Data & Analytics Monthly Home Price Index Report Highlights • Annual house price appreciation is at the slowest rate since March 2012. • House…
by Calculated Risk on 8/14/2025 03:15:00 PM The U.S. hotel industry reported negative year-over-year comparisons, according to CoStar’s latest data through 9 August. … 3-9 August 2025 (percentage change from comparable week in 2024): • Occupancy: 68.0% (-1.0%)• Average daily rate (ADR): US$159.61 (-0.6%)• Revenue per available room (RevPAR): US$108.47 (-1.6%) emphasis added The following…
by Calculated Risk on 8/14/2025 12:26:00 PM Today, in the Calculated Risk Real Estate Newsletter: MBA: Mortgage Delinquencies Decreased Slightly in Q2 2025 A brief excerpt: From the MBA: Mortgage Delinquencies Decrease Slightly in the Second Quarter of 2025 The delinquency rate for mortgage loans on one-to-four-unit residential properties decreased to a seasonally adjusted rate…
by Calculated Risk on 8/14/2025 10:05:00 AM Today, in the Calculated Risk Real Estate Newsletter: Part 1: Current State of the Housing Market; Overview for mid-August 2025 A brief excerpt: This 2-part overview for mid-July provides a snapshot of the current housing market. The key stories this year for existing homes are that inventory increased…
by Calculated Risk on 8/14/2025 08:30:00 AM The DOL reported: In the week ending August 9, the advance figure for seasonally adjusted initial claims was 224,000, a decrease of 3,000 from the previous week’s revised level. The previous week’s level was revised up by 1,000 from 226,000 to 227,000. The 4-week moving average was 221,750,…
by Calculated Risk on 8/13/2025 07:30:00 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 228 thousand from 226 thousand last week. • Also at 8:30 AM, The…
by Calculated Risk on 8/13/2025 01:19:00 PM Here is a look at the change in teen employment over time. The graph below shows the employment-population ratio for teens (16 to 19 years old) since 1948. The graph is Not Seasonally Adjusted (NSA), to show the seasonal hiring of teenagers during the summer. A few observations:1)…
by Calculated Risk on 8/13/2025 09:50:00 AM Today, in the Calculated Risk Real Estate Newsletter: 2nd Look at Local Housing Markets in July A brief excerpt: Tracking local data gives an early look at what happened the previous month and also reveals regional differences in both sales and inventory. Closed sales in July were mostly…