Trading Concept
  • Home
  • Trading News
  • Email Whitelisting
  • Privacy Policy
  • Home
  • Trading News
  • Email Whitelisting
  • Privacy Policy
No Result
View All Result
Trading Concept
No Result
View All Result
Home Trading News

Lawler: Early Read on Existing Home Sales in October

by
November 19, 2021
in Trading News
0
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

RELATED POSTS

Best Options Prop Trading Firms (2023) | 13 Top Prop Firms for Options Trading

May Employment Preview

by Calculated Risk on 11/19/2021 04:00:00 PM

From housing economist Tom Lawler:

Based on publicly-available local realtor/MLS reports released across the country through today, I project that existing home sales as estimated by the National Association of Realtors ran at a seasonally adjusted annual rate of 6.34 million in October, up 0.8% from September’s preliminary pace and down 5.8% from last October’s seasonally adjusted pace. Unadjusted sales should show a larger YOY decline, reflecting this October’s lower business day count relative to last October’s.

Local realtor reports, as well as reports from national inventory trackers, suggest that the YOY decline in the inventory of existing homes for sale was slightly larger than was the case in September.

Finally, local realtor/MLS reports suggest the median existing single-family home sales price last month was up by about 12.9% from last October.

CR Note: The National Association of Realtors (NAR) is scheduled to release October existing home sales on Monday, November 22, 2021 at 10:00 AM ET. The consensus is for 6.20 million SAAR. Take the over.

Note that the NAR reported median prices were up 23.6% Year-over-year (YoY) in May, 23.4% in June, 17.8% in July, 14.9% in August and 13.3% in September. And it appears the YoY growth slowed a little more in October.
ShareTweetPin

Related Posts

Best Options Prop Trading Firms (2023) | 13 Top Prop Firms for Options Trading

by
June 2, 2023
0

As a seasoned options trader, you’ve decided it’s time to up your game by joining a proprietary trading firm. The...

May Employment Preview

by
June 2, 2023
0

by Calculated Risk on 6/01/2023 02:34:00 PM On Friday at 8:30 AM ET, the BLS will release the employment report...

U.S. Births decreased Slightly in 2022

by
June 2, 2023
0

by Calculated Risk on 6/01/2023 03:00:00 PM From the National Center for Health Statistics: Births: Provisional Data for 2022. The...

Friday: Employment Report

by
June 2, 2023
0

by Calculated Risk on 6/01/2023 09:01:00 PM Note: Mortgage rates are from MortgageNewsDaily.com and are for top tier scenarios. Friday:...

Here’s what to watch out for in Friday’s jobs report for May

by
June 2, 2023
0

Construction workers on a job site on May 05, 2023 in Miami, Florida. Joe Raedle | Getty Images Watching the...

Next Post

Why Paytm stock prices crashed on its market debut

Stocks struggle on Friday after Austria lockdown, but tech shares post winning week

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

email

Get the daily email about stock.

Please Enter Your Email Address:



By opting in you agree to our Privacy Policy. You also agree to receive emails from us and our affiliates. Remember that you can opt-out any time, we hate spam too!

MOST VIEWED

  • WHO says Covid vaccine booster programs will prolong pandemic

    0 shares
    Share 0 Tweet 0
  • Forget Tesla — this auto stock is the one to buy right now, analyst says

    0 shares
    Share 0 Tweet 0
  • Spin or Split? AT&T Has a Big Decision to Make on Discovery Stake.

    0 shares
    Share 0 Tweet 0
  • Here’s how Carl Icahn is positioning for a possible recession in America

    0 shares
    Share 0 Tweet 0
  • Some lawmakers and their families are betting thousands of dollars on crypto

    0 shares
    Share 0 Tweet 0
  • Home
  • Trading News
  • Email Whitelisting
  • Privacy Policy
All rights reserved by tradingconcept.net
No Result
View All Result
  • Email Whitelisting
  • Home
  • Privacy Policy

All rights reserved by www.tradingconcept.net