Saturday, October 18, 2014

Schedule for Week of October 19th

by Calculated Risk on 10/18/2014 01:11:00 PM

The key reports this week are September New home sales on Friday, and Existing home sales on Tuesday.

For prices, CPI will be released on Wednesday.

----- Monday, October 20th -----

No releases scheduled.

----- Tuesday, October 21st -----

Existing Home Sales10:00 AM: Existing Home Sales for September from the National Association of Realtors (NAR).

The consensus is for sales of 5.09 million on seasonally adjusted annual rate (SAAR) basis. Sales in August were at a 5.05 million SAAR. Economist Tom Lawler estimates the NAR will report sales of 5.14 million SAAR.

A key will be the reported year-over-year increase in inventory of homes for sale.

10:00 AM: Regional and State Employment and Unemployment (Monthly) for September 2014

----- Wednesday, October 22nd -----

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

8:30 AM: Consumer Price Index for September. The consensus is for no change in CPI in September and for core CPI to increase 0.1%.

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

----- Thursday, October 23rd -----

8:30 AM: The initial weekly unemployment claims report will be released. The consensus is for claims to increase to 285 thousand from 264 thousand.

8:30 AM ET: Chicago Fed National Activity Index for September. This is a composite index of other data.

9:00 AM: FHFA House Price Index for August. This was originally a GSE only repeat sales, however there is also an expanded index. The consensus is for a 0.3% increase.

11:00 AM: the Kansas City Fed manufacturing survey for October.

----- Friday, October 24th -----

New Home Sales10:00 AM: New Home Sales for September from the Census Bureau.

This graph shows New Home Sales since 1963. The dashed line is the August sales rate.

The consensus is for a decrease in sales to 460 thousand Seasonally Adjusted Annual Rate (SAAR) in September from 504 thousand in August.