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Wednesday: Pending Home Sales

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December 29, 2021
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Wednesday:
• At 7:00 AM ET, The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index.

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• 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  TodayWeek
AgoGoal Percent fully Vaccinated61.8%—≥70.0%1 Fully Vaccinated (millions)205.2—≥2321 New Cases per Day3🚩240,408150,575≤5,0002 Hospitalized3🚩63,10661,471≤3,0002 Deaths per Day31,0961,181≤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.

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A few comments on the Seasonal Pattern for House Prices

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