• Unemployment Claims, Philly Fed Mfg, Existing Home Sales0

    by Calculated Risk on 5/18/2022 09:01:00 PM Thursday:• At 8:30 AM ET, the initial weekly unemployment claims report will be released.  The consensus is for 210 thousand up from 203 thousand last week. • Also at 8:30 AM, the Philly Fed manufacturing survey for May. The consensus is for a reading of 16.7, down from

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  • “Architecture Billings Index moderates slightly, remains strong” in April0

    by Calculated Risk on 5/18/2022 12:35:00 PM Note: This index is a leading indicator primarily for new Commercial Real Estate (CRE) investment. From the AIA: Architecture Billings Index moderates slightly, remains strong For the fifteenth consecutive month architecture firms reported increasing demand for design services in April, according to a new report today from The

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  • All-Time Record Housing Units Under Construction0

    by Calculated Risk on 5/18/2022 09:09:00 AM Today, in the CalculatedRisk Real Estate Newsletter: April Housing Starts: All-Time Record Housing Units Under Construction Excerpt: The fourth graph shows housing starts under construction, Seasonally Adjusted (SA). Red is single family units. Currently there are 815 thousand single family units under construction (SA). This is the highest

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  • Housing Starts Decreased to 1.724 million Annual Rate in April0

    by Calculated Risk on 5/18/2022 08:39:00 AM From the Census Bureau: Permits, Starts and Completions Housing Starts:Privately‐owned housing starts in April were at a seasonally adjusted annual rate of 1,724,000. This is 0.2 percent below the revised March estimate of 1,728,000, but is 14.6 percent above the April 2021 rate of 1,505,000. Single‐family housing starts

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  • Mortgage Applications Decrease in Latest Weekly Survey0

    by Calculated Risk on 5/18/2022 07:00:00 AM From the MBA: Mortgage Applications Decrease in Latest MBA Weekly Survey Mortgage applications decreased 11.0 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending May 13, 2022. … The Refinance Index decreased 10 percent from

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  • Calculated Risk: Wednesday: Housing Starts0

    by Calculated Risk on 5/17/2022 09:01:00 PM Wednesday:• At 7:00 AM ET, The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index. • At 8:30 AM, Housing Starts for April. The consensus is for 1.773 million SAAR, down from 1.793 million SAAR in March. • During the day, The AIA’s

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