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Friday: Existing Home Sales


by Calculated Risk on 3/17/2022 08:54:00 PM

o At 10:00 AM: Existing Home Sales for February from the National Association of Realtors (NAR). The consensus is for 6.16 million SAAR, down from 6.50 million. Housing economist Tom Lawler expects the NAR to report 5.97 million SAAR.

On COVID (focus on hospitalizations and deaths):

COVID MetricsNowWeek
AgoGoalPercent fully Vaccinated65.3%—>=70.0%1Fully Vaccinated (millions)216.9—>=2321New Cases per Day330,04036,009<=5,0002Hospitalized320,78029,017<=3,0002Deaths per Day39091,187<=5021 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 deaths reported.New cases, hospitalizations and deaths are still declining.

Lawler: Early Read on Existing Home Sales in February

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