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Monday, May 27, 2024

Tuesday: Case-Shiller House Prices

by Calculated Risk on 5/27/2024 06:10:00 PM

Weekend:
Schedule for Week of May 26, 2024

Tuesday:
• At 9:00 AM ET, S&P/Case-Shiller House Price Index for March.  The consensus is for the Case-Shiller National Index to increase 6.8% YoY, up from 6.4% YoY in February.

• Also at 9:00 AM, FHFA House Price Index for March. This was originally a GSE only repeat sales, however there is also an expanded index.

• At 10:00 AM, Dallas Fed Survey of Manufacturing Activity for May.

From CNBC: Pre-Market Data and Bloomberg futures S&P 500 are up 11 and DOW futures are up 51 (fair value).

Oil prices were down over the last week with WTI futures at $78.38 per barrel and Brent at $82.79 per barrel. A year ago, WTI was at $72, and Brent was at $76 - so WTI oil prices are up about 9% year-over-year.

Here is a graph from Gasbuddy.com for nationwide gasoline prices. Nationally prices are at $3.55 per gallon. A year ago, prices were at $3.55 per gallon, so gasoline prices are unchanged year-over-year.