News in end use

The Federal Housing Finance Agency House Price Index increased 0.6% month-over-month in August, seasonally adjusted. Year-over-year, home prices rose 5.6%.

The Conference Board Consumer Confidence Index® declined in October to a reading of 102.6 (1985=100), from an upwardly revised September reading of 104.3.

The S&P CoreLogic Case-Shiller US National Home Price NSA Index shows 13 of the 20 major metro markets reported month-over-month increases in August.

In August, real GDP was virtually unchanged for the second consecutive month as factors such as higher interest rates, inflation, forest fires, and drought continued to weigh on the economy.

Redfin reported that in the four-week period ending October 22nd, new listings of existing homes for sale increased 0.3% year-over-year.

Personal income (PI) increased 0.3% month-over-month in September; disposable personal income (DPI) increased 0.3%; and personal consumption expenditures (PCE) increased 0.7%.

The University of Michigan Index of Consumer Sentiment declined to a reading of 63.8 in October, down from 67.9 in September. This is a month-over-month decline of 6.0%.

The number of employees receiving pay and benefits from their employer declined by 46,800, or 0.3%, in August, following minimal changes in July.

For the week ending October 26th, the 30-year fixed-rate mortgage averaged 7.79%, up from 7.63% a week earlier, Freddie Mac reported.

The National Association of Realtors® Pending Home Sales Index increased 1.1% in September from August to a reading of 72.6.