Housing Dec 9th Weekly Update: Inventory down 2.3% Week-over-week, Up 26.3% Year-over-year

found 2024 › Dec › 09 (Mon) @ 18:01 UTC

a story from Calculated Risk › Calculated Risk

<div>Altos reports that active single-family inventory was down 2.3% week-over-week. Inventory is now 6.7% below the peak for the year (7 weeks ago).</div><div>
</div><div>Inventory will now decline …

Vehicles Sales Increase to 16.50 million SAAR in November

found 2024 › Dec › 09 (Mon) @ 08:38 UTC

a story from Calculated Risk › Calculated Risk

Wards Auto released their estimate of light vehicle sales for November: U.S. Light-Vehicle Sales Surprise on High Side Again in November (pay site).

Improved affordability, and possibly relief from th…

MBA: Mortgage Applications Increased in Weekly Survey

found 2024 › Dec › 09 (Mon) @ 08:38 UTC

a story from Calculated Risk › Calculated Risk

From the MBA: Mortgage Applications Increase in Latest MBA Weekly Survey

Mortgage applications increased 2.8 percent from one week earlier, according to data from the Mortgage Bankers Association’s (…

Heavy Truck Sales Increased in 4% YoY in November

found 2024 › Dec › 09 (Mon) @ 08:38 UTC

a story from Calculated Risk › Calculated Risk

This graph shows heavy truck sales since 1967 using data from the BEA. The dashed line is the November 2024 seasonally adjusted annual sales rate (SAAR) of 507 thousand.

Heavy truck sales really col…

Weekly Initial Unemployment Claims Increase to 224,000

found 2024 › Dec › 09 (Mon) @ 08:38 UTC

a story from Calculated Risk › Calculated Risk

The DOL reported:

In the week ending November 30, the advance figure for seasonally adjusted initial claims was 224,000, an increase of 9,000 from the previous week's revised level. The previous we…

Trade Deficit decreased to $73.8 Billion in October

found 2024 › Dec › 09 (Mon) @ 08:38 UTC

a story from Calculated Risk › Calculated Risk

The Census Bureau and the Bureau of Economic Analysis reported:

The U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced today that the goods and services deficit was $73.8 billion …

November Employment Report: 227 thousand Jobs, 4.2% Unemployment Rate

found 2024 › Dec › 09 (Mon) @ 08:38 UTC

a story from Calculated Risk › Calculated Risk

From the BLS: Employment Situation

Total nonfarm payroll employment rose by 227,000 in November, and the unemployment rate changed little at 4.2 percent, the U.S. Bureau of Labor Statistics reported…

Wholesale Used Car Prices Increased in November; Up 0.2% Year-over-year

found 2024 › Dec › 09 (Mon) @ 08:38 UTC

a story from Calculated Risk › Calculated Risk

From Manheim Consulting today: Wholesale Used-Vehicle Prices Increase in November

Wholesale used-vehicle prices (on a mix-, mileage-, and seasonally adjusted basis) were higher in November compared to…

December 6th COVID Update: Weekly COVID Deaths Continue to Decline

found 2024 › Dec › 09 (Mon) @ 08:38 UTC

a story from Calculated Risk › Calculated Risk

Note: Mortgage rates are from MortgageNewsDaily.com and are for top tier scenarios.

<div>For deaths, I'm currently using 4 weeks ago for "now", since the most recent three weeks will be revised sign…

Real Estate Newsletter Articles this Week: Inflation Adjusted House Prices 1.4% Below 2022 Peak

found 2024 › Dec › 09 (Mon) @ 08:38 UTC

a story from Calculated Risk › Calculated Risk

At the Calculated Risk Real Estate Newsletter this week:

<span style="font-size: 85%;">Click on graph for larger image.</span>

• Inflation Adjusted House Prices 1.4% Below 2022 Peak

• 1st Look at …