October 2, 2023
To Estimated risk per 20.07.2023 18:53:00 realtor.com has monthly and weekly data on the existing domestic market. Here is their weekly report from Sabrina Spaianu and Danielle Hale: Housing Trends Weekly Review – Week ending July 15, 2023 • Active inventories have declined, with the number of homes for sale lagging 6% year-over-year. After a
READ MORE
To Estimated risk per 07/16/2023 8:15:00 AM Notes: The Panama Canal expansion was completed in 2016 (as I noticed a few years ago), and some of the traffic that used the ports of Los Angeles and Long Beach is likely to pass through the channel. This could affect TEUs on the west coast. Container shipping
READ MORE
To Estimated risk per 09/07/2023 08:12:00 realtor.com has monthly and weekly data on the existing domestic market. Here is their weekly report from economist Daniel Hale: Weekly Housing Trends Review – Week ending July 1, 2023 • Active inventories have declined, with the number of homes for sale lagging behind last year’s level by 2%.
READ MORE
To Estimated risk per 07/07/2023 13:31:00 Yesterday, BEA released its estimate for June car sales. This graph shows heavy truck sales since 1967 using BEA data. The dotted line is the seasonally adjusted annual sales rate (SAAR) for June 2023. Heavy truck sales really collapsed during the Great Recession, dropping to a low of 180,000
READ MORE
To Estimated risk per 06/29/2023 12:43:00 PM realtor.com has monthly and weekly data on the existing domestic market. Here is their weekly report from economist Daniel Hale: Housing Trends Weekly Review – Week ending June 24, 2023 • The active growth of stocks has completely stopped: for the first time in 59 weeks, houses put
READ MORE
To Estimated risk per 06/27/2023 10:06:00 AM Census Bureau reports New home sales in May were 763,000 seasonally adjusted (SAAR). The previous three months were slightly revised down in aggregate. Sales of New Single-Family Homes in May 2023 seasonally adjusted annual rate 763,000, according to estimates released today jointly by the US Census Bureau and
READ MORE
To Estimated risk per 06/22/2023 15:31:00 realtor.com has monthly and weekly data on the existing domestic market. Here is their weekly report from economist Daniel Hale: Housing Trends Weekly Update – Week ending June 17, 2023 • Inventory growth slowed down again, with homes for sale only up 5% year-over-year. The number of homes for
READ MORE
To Estimated risk per 06/18/2023 8:55:00 AM Notes: The Panama Canal expansion was completed in 2016 (as I noticed a few years ago), and some of the traffic that used the ports of Los Angeles and Long Beach is likely to pass through the channel. This could affect TEUs on the west coast. Container shipping
READ MORE
To Estimated risk per 05/19/2023 15:03:00 Notes: The Panama Canal expansion was completed in 2016 (as I noticed a few years ago), and some of the traffic that used the ports of Los Angeles and Long Beach is likely to pass through the channel. This could affect TEUs on the west coast. Container shipping gives
READ MORE
To Estimated risk per 05.08.2023 16:00:00 Here is another monthly lumber price update. This chart shows Random CME Length formation of futures until May 8. The cost of lumber is currently $356 for 1,000 boards. This is below the peak of $1,733 and down 57% from $827 a year ago. Prices are below pre-pandemic levels
READ MORE