Wednesday, April 26, 2017

MBA: Mortgage Applications Increase in Latest Weekly Survey

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From the MBA: Mortgage Applications Increase in Latest MBA Weekly Surve Mortgage applications increased 2.7 percent from one week earlier,...
Tuesday, April 25, 2017

Zillow Forecast: "The national Case-Shiller index is projected to climb 5.9 percent year-over-year in March"

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The Case-Shiller house price indexes for February were released this morning. Zillow forecasts Case-Shiller a month early, and I like to ...

Real House Prices and Price-to-Rent Ratio in February

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Here is the earlier post on Case-Shiller: Case-Shiller: National House Price Index increased 5.8% year-over-year in February It has been m...

Chemical Activity Barometer increases in April

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Note: This appears to be a leading indicator for industrial production. From the American Chemistry Council: Economic Indicator Marks Stro...

A few Comments on March New Home Sales

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New home sales for March were reported at 621,000 on a seasonally adjusted annual rate basis (SAAR).  This was well above the consensus fore...

New Home Sales increase to 621,000 Annual Rate in March

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The Census Bureau reports New Home Sales in March were at a seasonally adjusted annual rate (SAAR) of 621 thousand. The previous three mo...

Case-Shiller: National House Price Index increased 5.8% year-over-year in February

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S&P/Case-Shiller released the monthly Home Price Indices for February ("February" is a 3 month average of December, January a...
Monday, April 24, 2017

Tuesday: New Home Sales, Case-Shiller House Prices, Richmond Fed Mfg

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From Bloomberg: Trump Said to Plan 20% Tariff on Canadian Softwood Lumber U.S. President Donald Trump said Monday he would impose a 20 per...

U.S. Demographics: Largest 5-year cohorts, and Ten most Common Ages in 2016

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Three year ago, I wrote: Census Bureau: Largest 5-year Population Cohort is now the "20 to 24" Age Group . Last year I followed ...

Merrill: "Fed to take a breather"

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The consensus view is that the Fed will hike two more times this year (probably in June and September), and then announce a changed to the b...