Latest News

Monday: Homebuilder Survey


by Calculated Risk on 7/18/2021 06:31:00 PM

o Schedule for Week of July 18, 2021

o At 10:00 AM ET, the July NAHB homebuilder survey. The consensus is for a reading of 82, up from 81. Any number above 50 indicates that more builders view sales conditions as good than poor.

From CNBC: Pre-Market Data and Bloomberg futures S&P 500 are down 5 and DOW futures are down 65 (fair value).

Oil prices were down over the last week with WTI futures at $71.61 per barrel and Brent at $73.27 per barrel. A year ago, WTI was at $41, and Brent was at $43 – so WTI oil prices are UP about 75% year-over-year (oil prices collapsed at the beginning of the pandemic).

Here is a graph from for nationwide gasoline prices. Nationally prices are at $3.17 per gallon. A year ago prices were at $2.19 per gallon, so gasoline prices are up $0.98 per gallon year-over-year.

Charlotte Region Real Estate in June: Sales Up 12% YoY, Inventory Down 52% YoY

Previous article

Seven High Frequency Indicators for the Economy

Next article

You may also like


Leave a reply

Your email address will not be published.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

More in Latest News