Sunday, July 18, 2021

Charlotte Region Real Estate in June: Sales Up 12% YoY, Inventory Down 52% YoY

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Note: I'm tracking data for many local markets around the U.S. I think it is especially important to watch inventory this year. For t...
Saturday, July 17, 2021

July 17th COVID-19, New Cases, Hospitalizations, Vaccinations

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The 7-day average cases is the highest since May 17th. The 7-day average hospitalizations is the highest since June 6th. This data is from t...

Schedule for Week of July 18, 2021

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The key reports this week are June Housing Starts and Existing Home Sales. ----- Monday, July 19th ----- 10:00 AM: The July NAHB homebu...
Friday, July 16, 2021

California June Housing: Sales up 28% YoY, "Market momentum appears to be moderating"

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The CAR reported: Despite a new record price, growth slowed and pending sales dipped for first time since May 2020, C.A.R. reports Despite a...

Lawler: Early Read on Existing Home Sales in June

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From housing economist Tom Lawler (see important comments on inventory): Based on publicly-available local realtor/MLS reports released ac...

July 16th COVID-19, New Cases, Hospitalizations, Vaccinations

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The 7-day average cases is the highest since May 19th. The 7-day average hospitalizations is the highest since June 4th. This data is from t...

Q2 GDP Forecasts: Forecasts Down to around 8%

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From BofA: [lowered]  2Q GDP growth of 8.5% qoq saar . [July 15 estimate] emphasis added From Goldman Sachs: We lowered our Q2 GDP tracking...

Black Knight: Number of Homeowners in COVID-19-Related Forbearance Plans Declined Slightly

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Note: Both Black Knight and the MBA (Mortgage Bankers Association) are putting out weekly estimates of mortgages in forbearance. This data...

Retail Sales Increased 0.6% in June

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On a monthly basis, retail sales were increased 0.6% from May to June (seasonally adjusted), and sales were up 18.0 percent from June 2020. ...
Thursday, July 15, 2021

Friday: Retail Sales

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Friday: • At 8:30 AM ET, Retail sales for June is scheduled to be released.  The consensus is for 0.4% decrease in retail sales. Retail s...