What Drove Whiting Petroleum Stock Lower Last Week

Whiting Petroleum (WLL) stock fell ~11% in the week ended November 17. The stock seems to have seen extended losses from the week before, when it finalized a one-for-four reverse stock split.

India's Gold Imports Have Fallen: What's Going On?

For India, gold imports have fallen 16% in value to ~$2.9 billion in October 2017 compared to $3.5 billion in the corresponding month last year.

Foot Locker Is Back: Tops 3Q17 Expectations

Foot Locker (FL) reported its 3Q17 results on November 17, 2017. The results relate to the three-month period ending on October 28, 2017.

Marathon Oil Continued to Fall: What Can Investors Expect?

For the week ending November 17, 2017, Marathon Oil’s (MRO) stock price fell 3.34% or from $15.62 to $15.05.


Understanding the September Housing Stats

In September 2017, US housing starts fell from an upwardly revised August number of 1.183 million to 1.127 million units—a negative surprise.

Analyzing Upcoming Real Estate–Related Data This Week

We’re nearing the end of August—many investment professionals will be watching markets from the beach. The second revision to Q2 GDP will be out on Friday.

Housing starts
July Housing Starts, Permits, and Sentiment

In July, the Northeast saw housing starts jump from 116,000 to 134,000, while starts rose from 171,000 to 175,000 in the Midwest.

Analyzing Global Inflation Releases, Possible Impact on Central Banks

The CPI (consumer price inflation), published by the U.S. Bureau of Labor Statistics, remained unchanged in July. The energy index fell by 1.6% in July.

Nonfarm Payrolls
July's Jobs Report Was Strong

In July 2016, non-farm payrolls rose by 255,000. Non-farm payrolls easily topped Wall Street analysts’ estimate of 185,000.

construction spending percent
Construction Spending's Importance for the Economy

In the quarter ending June 30, construction spending as a percentage of GDP slipped to 6.1%. Over the past 50 years, the average has been closer to 8.4%.

Housing starts
Analyzing June Housing Starts, Sales, and Permits

In June 2016, housing starts rose from 1.1 million to ~1.2 million. We also saw increases in both single-family and multifamily starts.

Pulte Revenues
PulteGroup's 2Q16 Earnings: Higher Revenues and Lower Gross Margins

PulteGroup (PHM) reported 2Q16 revenues of $1.8 billion—a 41% increase from a year ago. Revenues increased in home sales and financial services.

Fannie Mae Attitudes about housing - good time to buy
Highlights from the June Fannie Mae National Housing Survey

Fannie Mae’s monthly National Housing Survey asked respondents if it’s a good time to buy and sell a house. They’re more confident that it’s a good time to sell.

Foreclosure Completions
Disappearing Act: Why Is Foreclosure Inventory Shrinking?

In May, the total foreclosure inventory fell 25% from a year ago to 390,000 homes. It takes us back to the levels in late 2007.

Housing Starts - LT
Real Estate Investors Await Housing Data this Week

This week is relatively data-light. However, a slew of reports will interest real estate investors.

construction spending percent
Why Did Construction Spending Fall in May?

In the quarter ending March 31, construction spending as a percentage of the GDP was flat at 6.2%. This was a big rise from a year ago when it was 5.7%.

New Home Sales 1 year
Housing Market Update: New Home Sales Increased in May

New home sales increased to an annualized pace of 551,000—up 8.7% from the same month last year. They were also down about 6% sequentially from April.

Existing Home Sales
Why Did Existing Home Sales Rise in May?

At the end of May, there were 2.15 million existing homes for sale. This represents a 4.7-month supply. A level of six to 6.5 months means a balanced market.

KB Home Revenue
Why KB Home's Strong Second Quarter Results Matter

For 2Q16, KB Home reported revenues of $811 million, which easily topped the Wall Street estimate consensus of $750 million. Revenues increased by 30% YoY.

Nonfarm Payrolls
Weak Jobs Report Changed Market Forecasts for June Rate Hike

In May 2016, non-farm payrolls rose by 38,000, which missed Wall Street analysts’ estimate of 160,000 by a wide margin.

Toll Brothers revenues
Did Toll Brothers Beat Analysts’ Estimates in Fiscal 2Q16?

Toll Brothers (TOL) reported fiscal 2Q16 revenues of $1.1 billion. Deliveries in the second quarter rose 31% in dollar terms and 9% in units.

Lots of Real Estate Data This Week

On Friday, May 27, we’ll get the second revision to 1Q16 GDP. Wall Street is forecasting the number to come in at 0.9%.

Foreclosure Completions
What March's Foreclosure Stats Say about the Real Estate Industry

Foreclosure completions rose by 2,000 units to 36,000 in March 2016, according to CoreLogic. Completions fell 15% year-over-year.

construction spending percent
Why Did Construction Spending Disappoint in March?

In the quarter ending March 31, construction spending as a percentage of the GDP was flat at 6.2%. This was a big rise from 5.7% a year ago.


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