In Depth Analysis: CalculatedRisk Newsletter on Real Estate (Ad Free) Read it here.

Sunday, November 26, 2023

Monday: New Home Sales

by Calculated Risk on 11/26/2023 06:49:00 PM

Weekend:
Schedule for Week of November 26, 2023

Monday:
• At 10:00 AM ET, New Home Sales for October from the Census Bureau. The consensus is for 730 thousand SAAR, down from 759 thousand in September.

• At 10:30 AM, Dallas Fed Survey of Manufacturing Activity for November.

From CNBC: Pre-Market Data and Bloomberg futures S&P 500 futures are down 8 and DOW futures are down 32 (fair value).

Oil prices were down over the last week with WTI futures at $75.54 per barrel and Brent at $80.58 per barrel. A year ago, WTI was at $76, and Brent was at $83 - so WTI oil prices were down slightly year-over-year.

Here is a graph from Gasbuddy.com for nationwide gasoline prices. Nationally prices are at $3.21 per gallon. A year ago, prices were at $3.54 per gallon, so gasoline prices are down $0.33 year-over-year.