CCL Market Update: Existing Homes Sales, S&P Corelogice Case-Shiller HPI, FHFA House Price Index, New Home Sales, Consumer Confidence, Durable Goods Orders, International Trade In Goods, Jobless Claims, GDP, Employment Cost Index

Existing Homes Sales

Existing home sales increased in March for the second consecutive month, however inventory shortages continue to be an issue, as home sales continue to fall below last year’s levels. Existing home sales increased 1.1 percent on a monthly basis in March; from 5.54 million in February to 5.60 million in March. Even though […]

By |April 30th, 2018|Uncategorized|0 Comments

CCL Market Update: PMI Services Index,ISM Non-Mfg Index, International Trade, JOLTS, Mortgage Applications, Consumer Credit, Jobless Claims

PMI Services Index

Growth in the services PMI held at a moderate 53.3 in the final reading for January, a nine month low, unchanged from the mid-month flash, and down 4 tenths from December. Slowing output is behind this moderation in growth for services measured by the PMI but details show lots of strength including the […]

By |February 12th, 2018|Uncategorized|0 Comments

CCL Market Update: Mortgage Applications, FHFA House Price Index, Existing Home Sales, New Home Sales, GDP

Mortgage Applications

Despite mortgage interest rates being the highest in ten months, homebuyers led the 4.5 percent increase in mortgage application activity in the week of January 19th. Purchase applications for home mortgages rose on a seasonally adjusted basis by 6.0 percent from the week prior. This increase left the year on year gain in the […]

By |January 29th, 2018|Uncategorized|0 Comments

CCL Market Update: Housing Market Index, Housing Starts, Mortgage Applications, Existing Home Sales, GDP, Jobless Claims, FHFA House Price Index, Personal Income & Outlays, New Home Sales, Consumer Sentiment

Housing Market Index

New home sales began to surge in the month of September, they are now giving a significant lift to home builder sentiment as the housing market index rose a very sharp 5 points to new expansion high of 74. The traffic component of the index was the standout in the December report; it […]

By |December 25th, 2017|Uncategorized|0 Comments

CCL Market Update: Mortgage Applications, Jobless Claims, Housing Market Index, Housing Starts, Tax Reform Bill

Mortgage Applications

Purchase applications for home mortgages rose a seasonally adjusted 0.4 percent in the week of November 10th, a marginal increase that put the purchase index a sharp 17 percent above its year ago level. Applications for refinancing rose 6.0 percent in the week, taking the refinancing share of mortgage activity to 51.3 percent, […]

By |November 20th, 2017|Uncategorized|0 Comments

CCL Market Update: International Trade, S&P HPI, Consumer Confidence, Mortgage Applications, GDP, Job-Cut Report, Jobless Claims, Personal Income and Outlays, Pending Home Sales, Employment Situation, Construction Spending, Consumer Sentiment

International Trade in Goods

Third quarter GDP is off to a slow start, at least for international trade in goods where the July trade gap widened by more than $1 billion to $65.1 billion. Exports fell 1.3 percent and were pulled down by the sharp fall in vehicles and also consumer goods, both of which were […]

By |September 4th, 2017|Uncategorized|0 Comments

CCL Market Update: US Consumer Spending Measure, US ECI, JOLTS, Mortgage Applications, US Job Creation Index, Jobless Claims

Gallup US Consumer Spending Measure

May average spending levels continued to be relatively healthy in at $104, just below the April average of $107. May was the fourth consecutive month that Americans’ spending averaged $100 or higher. Since 2009, the majority of May’s spending average has been within $2 of the average for the entire year; […]

By |June 12th, 2017|Uncategorized|0 Comments

CCL Market Update: HPI, Consumer Confidence, Mortgage Applications, Pending Home Sales, GDP, Jobless Claims, Personal Income & Outlays, Consumer Sentiment

S & P Corelogic Case-Shiller HPI

The Case-Shiller home prices are up, posting a third straight 0.9 percent monthly gain for the adjusted index. This is the strongest run in nearly 4 years. Year on year appreciation is up 2 tenths t6o 5.7 percent for the highest rate in 2 ½ years. This report contrasts with […]

By |April 3rd, 2017|Uncategorized|0 Comments

CCL Market Update: Mortgage Applications, FHFA House Price Index, Existing Home Sales, Jobless Claims, New Home Sales

Mortgage Applications

Purchase applications for home mortgages fell a seasonally adjusted 2 percent in the week of March 17th, while applications for refinancing decreased by 3 percent. On an unadjusted basis, the purchase index fell 2 percent from the previous week but was up 5 percent from the level it was at this time last year.  […]

By |March 27th, 2017|Uncategorized|0 Comments

CCL Market Update: US Consumer Spending, ECI, Mortgage Applications, Job-Cut Report, Jobless Claims, Good Jobs Rate, Employment Situation

Gallup US Consumer Spending Measure

American’s self-reported daily spending climbed to an average of $101 in February. This is the highest average for the month of February since 2008, when spending averaged $106. The latest monthly average is up $13 from January, but still remains lower than December’s holiday-influenced level of $105. It took a total […]

By |March 13th, 2017|Uncategorized|0 Comments