Still on Track for Best Year since 2007 The data that was released today was the November New Home Sales data. We should have received the December New Home Sales Data by now. The Government Shutdown delayed the release of both reports. The November Real Estate forecast article […]
Private Sector Payroll Grew for All Sectors from January 2018 Levels The ADP Private Sector Annual Growth Rate came in substantially higher than January 2018. The annual growth rate for October was 2.00%. The annual growth rate for November was 1.96%. The December growth rate was 1.99%. […]
Fourth Quarter GDP Could be the Best Fourth Quarter since 2011 You have heard elsewhere, and possibly read elsewhere, that the Government Shutdown is/was going to negatively impact our Gross Domestic Product, or GDP. This column has produced an article titled “Government Shutdown may Not Show Up in […]
Private Sector Payroll – Playing Poker with the Friday Jobs Report The January ADP Private Sector Payroll report is set to be released this Wednesday. The January Employment Situation Report, which publishes private sector and non-farm payroll data, is scheduled for Friday. The ADP data is seasonally […]
January Jobs Data is One of the Reasons Why We Have Seasonally Adjusted data The Monthly Jobs Report, or Employment Situation Report, is the “most important” report on the economy that we receive during any given month. The report is created using seasonally adjusted and non-seasonally adjusted data […]
December Existing Home Average Sales Price Record The December Real Estate Forecast article projected that we could see a new December Average Sales Price record, that inventory would drop from November’s level and still be better than the December 2017 level, and that units sold could surprise to […]
We may not receive the December New Home Construction data, nor the December New Home Sales data, due to the Government Shutdown. That’s too bad because we are on track for our best new construction year since 2008. We will receive Existing Home Sales data from the REALTORS. Here’s what to expect.