Saturday, April 18, 2020

Schedule for Week of April 19, 2020

by Calculated Risk on 4/18/2020 08:11:00 AM

The key reports this week are March New and Existing Home Sales.

For manufacturing, the April Kansas City manufacturing survey will be released.

----- Monday, Apr 20th -----

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

----- Tuesday, Apr 21st -----

Existing Home Sales10:00 AM: Existing Home Sales for March from the National Association of Realtors (NAR). The consensus is for 5.30 million SAAR, down from 5.77 million.

The graph shows existing home sales from 1994 through the report last month.

Housing economist Tom Lawler expects the NAR to report sales of 5.25 million SAAR for March.

----- Wednesday, Apr 22nd -----

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

9:00 AM: FHFA House Price Index for February 2019. This was originally a GSE only repeat sales, however there is also an expanded index.

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

----- Thursday, Apr 23rd -----

8:30 AM: The initial weekly unemployment claims report will be released. The consensus is for a 4.000 million initial claims, down from 5.245 million the previous week.

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

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

The consensus is for 645 thousand SAAR, down from 765 thousand in February.

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

----- Friday, Apr 24th -----

8:30 AM: Durable Goods Orders for March from the Census Bureau. The consensus is for a 6.0% decrease in durable goods orders.

10:00 AM: University of Michigan's Consumer sentiment index (Final for April). The consensus is for a reading of 70.0.