Tuesday, May 23, 2017

Wednesday: Existing Home Sales, FOMC Minutes and More

by Bill McBride on 5/23/2017 08:18:00 PM

Wednesday:
• At 7:00 AM ET, The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index.

• At 9:00 AM, FHFA House Price Index for March 2017. This was originally a GSE only repeat sales, however there is also an expanded index.

• At 10:00 AM, Existing Home Sales for April from the National Association of Realtors (NAR). The consensus is for 5.67 million SAAR, down from 5.71 million in March. Housing economist Tom Lawler estimates the NAR will report sales of 5.56 million SAAR for April.

• During the day, The AIA's Architecture Billings Index for April (a leading indicator for commercial real estate).

• At 2:00 PM, FOMC Minutes for the Meeting of May 2 - 3, 2017