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2024 › December › 25

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1 years ago

Altos reports that active single-family inventory was down 2.2% week-over-week.  Inventory is now 9.7% below the peak for the year (9 weeks ago).
Inventory will continue to decline seasonally until …
The Census Bureau reports New Home Sales in November were at a seasonally adjusted annual rate (SAAR) of 664 thousand.

The previous three months were revised up, combined.
Sales of new single-family…
Container traffic gives us an idea about the volume of goods being exported and imported - and usually some hints about the trade report since LA area ports handle about 40% of the nation's container…
From housing economist Tom Lawler:

Since September 17th the Federal Reserve has lowered its federal funds rate range by 100 basis points. Below is a table showing Treasury and MBS rates since Septe…

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