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Wednesday: Pending Home Sales

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by Calculated Risk on 12/28/2021 08:20:00 PM

Wednesday:
o At 7:00 AM ET, The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index.

o At 10:00 AM, Pending Home Sales Index for November. The consensus is for a 0.6% increase in the index.

And on COVID (focus on hospitalizations and deaths):

COVID Metrics
Today
Week
Ago
Goal
Percent fully Vaccinated
61.8%

>=70.0%1
Fully Vaccinated (millions)
205.2

>=2321
New Cases per Day3?
240,408
150,575
<=5,0002
Hospitalized3?
63,106
61,471
<=3,0002
Deaths per Day3
1,096
1,181
<=502
1 Minimum to achieve “herd immunity” (estimated between 70% and 85%).
2my goals to stop daily posts,
37-day average for Cases, Currently Hospitalized, and Deaths
? Increasing 7-day average week-over-week for Cases, Hospitalized, and Deaths
? Goal met.

Click on graph for larger image.

This graph shows the daily (columns) and 7-day average (line) of positive tests reported.

A few comments on the Seasonal Pattern for House Prices

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