GDP (3rdQ2012) – Real GDP – Quarter/Quarter +3.1% – GDP price index – Quarter/Quarter +2.7% – Final sales of domestic goods was +2.4% The previous iteration of 3rdQ2012 GDP was estimated at +2.7%. 2ndQ2012 had been +1.7%. The final sales of domestic goods is the best measure of economic health becaue it is all about
Existing Home Sales
Rates end a very rough week on a positive note.
Housing Starts (August 2012) – Housing Starts 750,000. Previous was revised to 733,000. This is an increase but below expectation. Housing Starts are in units (a 40-unit apartment building is 40 Housing Starts) and the data is Seasonally Adjusted and annualized. The 750,000 Starts included 208,000 apartment units (5+ units in a single building) and
Housing Starts (August 2012) – Housing Starts 750,000. Previous was revised to 733,000. This is an increase but below expectation. Housing Starts are in units (a 40-unit apartment building is 40 Housing Starts) and the data is Seasonally Adjusted and annualized. The 750,000 Starts included 208,000 apartment units (5+ units in a single building) and
Rates up slightly despite mostly weaker economic news today.
Who releases new and existing home sales data, and how they do it.
Who releases new and existing home sales data, and how they do it.
Consumer sentiment best since October 2007. Here's the home sales data contributing to this mood.
A word on existing vs. new home prices.
Stats, charts, comments on all key economic data April 9-20.
This is a huge spread. Is new construction worth this premium? Is the premium really this large?
Two days of housing stats/charts.
Would you pay a 40% premium for new construction?
Recap mixed home price, inflation, manufacturing trends last week. Preview big jobs week coming.
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