by Calculated Risk on 9/21/2025 09:55:00 AM This is something I check occasionally. The Department of Transportation (DOT) reported: Travel on all roads and streets changed by +1.7% (+4.9 billion vehicle miles) for July 2025 as compared with July 2024. Travel for the month is estimated to be 296.0 billion vehicle miles. The seasonally adjusted…
At the Calculated Risk Real Estate Newsletter this week: Click on graph for larger image. • Housing Starts Decreased to 1.307 million Annual Rate in August • Lawler: Early Read on August Existing Home Sales, and Update on Mortgage/MBS Yields and Spreads • 3rd Look at Local Housing Markets in August • 2nd Look at…
by Calculated Risk on 9/20/2025 08:11:00 AM The key reports this week are August New and Existing Home sales, the third estimate of Q2 GDP, and Personal Income and Outlays for August. For manufacturing, the Richmond and Kansas City Fed manufacturing surveys will be released this week. —– Monday, September 22nd —– 8:30 AM ET:…
by Calculated Risk on 9/19/2025 12:38:00 PM Today, in the Calculated Risk Real Estate Newsletter: 3rd Look at Local Housing Markets in August A brief excerpt: The NAR is scheduled to release August Existing Home sales on Thursday, September 25th at 10:00 AM. The consensus is for the NAR to report sales of 3.98 million…
by Calculated Risk on 9/19/2025 11:01:00 AM From BofA: Since our last weekly publication, 3Q GDP tracking moved up to 2.1% q/q saar from 1.7% & 2Q GDP is up two-tenths to 3.4%. [September 19th comment]emphasis added From Goldman: We left our Q3 GDP tracking estimate unchanged at +2.2% (quarter-over-quarter annualized). Our Q3 domestic final…
by Calculated Risk on 9/19/2025 08:11:00 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 August, Realtor.com reported active inventory was up 20.9% YoY, but still down 14.3% compared to the 2017 to 2019 same month…
Note: Mortgage rates are from MortgageNewsDaily.com and are for top tier scenarios. Friday: • At 10:00 AM: State Employment and Unemployment (Monthly) for August 2025 Source link
by Calculated Risk on 9/18/2025 02:50:00 PM Hotel occupancy was weak over the summer months, likely due to less international tourism. The fall months are mostly domestic travel. From STR: U.S. hotel results for week ending 13 September The U.S. hotel industry reported mostly negative year-over-year comparisons, according to CoStar’s latest data through 13 September….
by Calculated Risk on 9/18/2025 10:59:00 AM Today, in the Calculated Risk Real Estate Newsletter: Lawler: Early Read on August Existing Home Sales, and Update on Mortgage/MBS Yields and Spreads A brief excerpt: From housing economist Tom Lawler: Early Read on Existing Home Sales in August Based on publicly-available local realtor/MLS reports released across the…
by Calculated Risk on 9/18/2025 08:30:00 AM The DOL reported: In the week ending September 13, the advance figure for seasonally adjusted initial claims was 231,000, a decrease of 33,000 from the previous week’s revised level. The previous week’s level was revised up by 1,000 from 263,000 to 264,000. The 4-week moving average was 240,000,…