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Friday: Existing Home Sales

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by Calculated Risk on 2/17/2022 08:49:00 PM

Friday:
o At 10:00 AM ET, Existing Home Sales for January from the National Association of Realtors (NAR). The consensus is for 6.12 million SAAR, down from 6.18 million.

On COVID (focus on hospitalizations and deaths):

COVID MetricsNowWeek
AgoGoalPercent fully Vaccinated64.6%—>=70.0%1Fully Vaccinated (millions)214.5—>=2321New Cases per Day3121,664213,625<=5,0002Hospitalized380,185107,772<=3,0002Deaths per Day32,0202,363<=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 now declining.

January Forecast and 4th Look at Local Housing Markets

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