Stat roundup: home prices, retail sales, Chicago PMI, Employment Costs, Consumer Confidence

When will housing be a good buy?

Today’s stats/charts on consumer confidence, home prices, retail sales.

Consumer Sentiment better. But does this stat even matter?

Home Prices Case-Shiller Home Price Index (August report) -20-city, Month/Month Seasonally adjusted +0.0 % -20-city, Month/Month Not Seasonally adjusted +0.2 % -20-city, Year/Year Not Seasonally adjusted -3.8 % FHFA Home Price Index (August report) -Month/Month -0.1% -Year/Year -4.0% Consumer Confidence -Confidence level for October was 39.8. -Previous was 45.3. Consensus was 46.0 -Consumer Confidence is [...]

Consumer Confidence -Consumer Confidence – Level for September 45.4 -Previous 44.4. Consensus 46.5 -This is a survey by the Conference Board and it is supposed to measure consumers’ predisposition to spend. Retail Sales -ICSC-Goldman Store Sales, Week/Week: -0.2% -ICSC-Goldman Store Sales, Year/Year: +2.7 -Redbook Store Sales, Year/Year: +4.2 % S&P/Case-Shiller Home Price Indices (June-July) – [...]

Consumer Confidence -Consumer Confidence fell from 59.5 to 44.5 in August -This is a survey measurement of predisposition to spend -WSJ used the words “plummeted” and “plunge” -This is lowest Consumer Confidence since April 2009 -It’s in-line with the Consumer Metrics measurement of increased online discretionary spending in early July which flattened at the end [...]

June New Home Sales -New Home Sales: 312,000 (annualized) -312k is less than half 700k economists consider healthy -Down 1% from May, up 1.6% from June 2010 -Median new home sales price up 7.2% to $235,200 -Average new home sales price $269,000 -60% of the gain is in the South -6.3 months supply at current [...]

Consumer Confidence Consumer Confidence as measured by the Conference Board fell to 58.5. This is a survey not hard data and all too often is associated with high visibility items such as gasoline prices. With Personal Spending flat (see comments of yesterday) and Final Sales of Domestic Products moved down to +0.6% (annualized) it certainly [...]

Home Prices: Case-Shiller Home Price Index: – 10-city, not Seasonally Adjusted – Month/Month change -0.6 % – 10-city, Seasonally Adjusted – Month/Month change -0.1 % – 10-city, not Seasonally Adjusted – Year/Year change -3.6 % – 20-city not Seasonally Adjusted Month/Month -3.6% Full Case-Shiller report Consumer Confidence: May: 60.8. Below previous and consensus The Eurozone [...]