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2024 › December › 09

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1 years ago

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).
Inventory will now decline seasonally until early ne…
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 ○

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

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

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

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a story from Calculated Risk › Calculated Risk

At the Calculated Risk Real Estate Newsletter this week:

Click on graph for larger image.

• Inflation Adjusted House Prices 1.4% Below 2022 Peak

• 1st Look at Local Housing Markets in November

• …

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