Thursday, June 30, 2022

Las Vegas May 2022: Visitor Traffic Down 6.6% Compared to 2019

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Note: I like using Las Vegas as a measure of recovery for both leisure (visitors) and business (conventions). From the Las Vegas Visitor A...

Hotels: Occupancy Rate Down 4.1% Compared to Same Week in 2019

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From CoStar: STR: US Hotels Set Another Record for Revenue Per Available Room U.S. hotel performance continued to climb with another weekly...

Realtor.com Reports Weekly Inventory Up 25% Year-over-year

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Today, in the Calculated Risk Real Estate Newsletter: Realtor.com Reports Weekly Inventory Up 25% Year-over-year Excerpt: Realtor.com has...

Personal Income increased 0.5% in May; Spending increased 0.2%

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The BEA released the Personal Income and Outlays report for May: Personal income increased $113.4 billion (0.5 percent) in May , according...

Weekly Initial Unemployment Claims at 231,000

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The DOL reported : In the week ending June 25, the advance figure for seasonally adjusted initial claims was 231,000 , a decrease of 2,000...
Wednesday, June 29, 2022

Thursday: Personal Income & Outlays, Unemployment Claims, Chicago PMI

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Thursday: • Early, Census Bureau to Release Vintage 2021 Population Estimates (this might be delayed) • At 8:30 AM, The initial weekly u...

Update: Framing Lumber Prices Down 21% Year-over-year; Still up Sharply from Pre-pandemic Levels

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Here is another monthly update on framing lumber prices. This graph shows CME random length framing futures through June 29th. Lumber was...

Worst Housing Affordability" since 1991 excluding Bubble; Real House Prices and Price-to-Rent Ratio in April

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Today, in the Calculated Risk Real Estate Newsletter: Worst Housing Affordability" since 1991 excluding Bubble Excerpt: I’ve put toge...

Q1 GDP Growth Revised down to minus 1.6% Annual Rate

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From the BEA: Gross Domestic Product (Third Estimate), GDP by Industry, and Corporate Profits (Revised), First Quarter 2022 Real gross dom...

MBA: Mortgage Applications Increase in Latest Weekly Survey

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From the MBA: Mortgage Applications Increase in Latest MBA Weekly Survey Mortgage applications increased 0.7 percent from one week earlie...