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Wednesday: Pending Home Sales, Q1 Housing Vacancies and Homeownership


by Calculated Risk on 4/26/2022 09:19:00 PM

o At 7:00 AM ET, The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index.

o At 10:00 AM, Pending Home Sales Index for March. The consensus is for a 1.8% decrease in the index.

o Also, at 10:00 AM, the Q1 2022 Housing Vacancies and Homeownership from the Census Bureau.

On COVID (focus on hospitalizations and deaths):

COVID MetricsNowWeek
AgoGoalPercent fully Vaccinated66.1%—>=70.0%1Fully Vaccinated (millions)219.4—>=2321New Cases per Day3?47,40737,471<=5,0002Hospitalized3?10,3009,791<=3,0002Deaths per Day3330372<=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.Deaths are declining week-over-week, but new cases and hospitalizations are increasing.

Average daily deaths bottomed in July 2021 at 214 per day.

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