A Big Housing Data Week

On this Presidents’ Day, we’re taking a look ahead at the economic and housing data due to be reported this week.

Tuesday

NAHB/Wells Fargo Housing Market Index (HMI)

Wednesday

Census Bureau/Department of Housing and Urban Development housing starts

Bureau of Labor Statistics  (BLS)Production Price Index, which includes data on home building material prices

  • The December report indicated producer prices up 1.6%, with gypsum prices up only slightly for the month but up almost 17% on average from typical 2012 prices

Thursday

NAHB/Wells Fargo Housing Opportunity Index (HOI) for the final quarter of 2013, a quarterly measure of housing affordability

  • The third quarter HOI had a measure of 64.5% (64.5% of homes sold were affordable nationwide for a household with median income), compared to 69.3% during the second quarter

BLS CPI data for January, including information concerning residential rents

  • The December CPI data indicated that real, inflation adjusted rents increased 1.1% from December 2012 to December 2013

Eye on the Economy, twice weekly summary of economic and housing news from NAHB Chief Economist Dave Crowe

Friday

National Association of Realtors, Existing Home Sales



Tags: , ,

Leave a Reply

Your email address will not be published.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