I sold my rental property last year, after owning it over 20 years. It’s a lovely property, worth around £1m, right in the heart of London – near the middle of the map below. I used to live in it, I travel past it regularly, I know its neighbourhood well. The Modern Flat has genuinely… Continue reading A stupid decision to sell my rental property →

At the Calculated Risk Real Estate Newsletter this week: Click on graph for larger image. Housing and Demographics Housing Starts Decreased to 1.324 million Annual Rate in March Watch Inventory and Why Measures of Existing Home Inventory appear Different 3rd Look at Local Housing Markets in March

We study the rise of Vanguard, the index fund management company, as a case study of how customer demand is not always about pain.

Moon, Welch, Robinhood, Heterodoxy, Bots, Liquidity, Trade, Google

The key reports scheduled for this week are March New and Existing Home sales. ----- Monday, April 21st ----- No major economic releases scheduled. ----- Tuesday, April 22nd ----- 10:00 AM: Richmond Fed Survey of Manufacturing Activity for April. ----- Wednesday, April 23rdh ----- 7:00 AM ET: The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index. 10:00 AM: New Home Sales for March from the Census Bureau. Architecture Billings Index for March (a leading indicator for commercial real estate). Federal Reserve Beige Book, an informal review by the Federal Reserve Banks of current economic conditions in their Districts. ----- Thursday, April 24th ----- 8:30 AM: The initial weekly unemployment claims report will be released. Initial claims were at 215 thousand last week. Durable Goods Orders for March from the Census Bureau. The consensus is for a 0.8% increase in durable goods orders. Chicago Fed National Activity Index for March. This is a composite index of other data. 10:00 AM: Existing Home Sales for March from the National Association of Realtors (NAR). The consensus is for 4.14 million SAAR, down from 4.26 million. Kansas City Fed manufacturing survey for April. ----- Friday, April 25th ----- 10:00 AM: University of Michigan's Consumer sentiment index (Final for April). The consensus is for a reading of 50.8.