by Calculated Risk on 12/26/2020 08:11:00 AM

Happy New Year! Wishing you all the best in 2021.

Note: If the government shuts down, some government data will be delayed (the DOL initial weekly unemployment claims was still released during the last shutdown).   All Fed Reserve data will still be released.

The key indicator this week is Case-Shiller House Prices for October.

----- Monday, Dec 28th -----
10:30 AM: Dallas Fed Survey of Manufacturing Activity for December. This is the last of regional manufacturing surveys for December.

----- Tuesday, Dec 29th -----
9:00 AM ET: S&P/Case-Shiller House Price Index for October.

This graph shows graph shows the Year over year change in the seasonally adjusted National Index, Composite 10 and Composite 20 indexes through the most recent report (the Composite 20 was started in January 2000).

The consensus is for a 7.2% year-over-year increase in the National index for October.

Note that Zillow is forecasting Case-Shiller will report a 7.7% YoY increase in the National index.

----- Wednesday, Dec 30th -----
7:00 AM ET: The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index.

9:45 AM: Chicago Purchasing Managers Index for December.

10:00 AM: Pending Home Sales Index for November. The consensus is for a 0.2% increase in the index.

----- Thursday, Dec 31st -----
8:30 AM: The initial weekly unemployment claims report will be released. 

----- Friday, Jan 1st -----
All US markets will be closed in observance of the New Year's Day Holiday.