on Estimated risk per 07/16/2022 08:11:00
The key reports this week are data on the commissioning of housing in June and home sales in the secondary market.
—– Monday, July 18 —–
10:00 am: July NAHB Home Builders Survey. The consensus is to read 66, up from 67. Any number above 50 indicates that more builders think the terms of the sale are good than bad.
—– Tuesday, July 19 —–
8:30 AM ET: Construction begins for June.
This graph shows single and general housing additions since 1968.
The consensus stands at 1.586 million SAAR, up from 1.549 million SAAR in May.
—– Wednesday, July 20 —–
7:00 am ET: Mortgage Bankers Association (MBA) to release results mortgage bid index.
The graph shows existing home sales from 1994 to last month’s report.
Housing Economist Tom Lawler is waiting NAR will report sales of 5.12 million SAAR for June.
Afternoon: AIA Billings Architectural Index for June (leading indicator for commercial real estate).
—– Thursday, July 21 —–
8:30 am: initial weekly jobless claims the report will be published. Consensus is 235k compared to 244k last week.
8:30 am: Philadelphia Fed manufacturing survey for July. The consensus is 5.5 compared to -3.1.
—– Friday, July 22 —–
10:00 AM: Government employment and unemployment (monthly) for June 2022