Housing Market Update
Fresh housing data released last week showed the median price for a newly constructed home ($403,600) and an existing home ($403,700) were virtually identical in March.
This is unusual.
Typically, the average new home costs more than the average existing home. But last month, the median new-home price while the median existing-home price rose and hit a new all-time high.8
This Week: Key Economic Data
Tuesday: Trade Balance in Goods. Retail & Wholesale Inventories. Case-Shiller Home Price Index. Consumer Confidence. Job Openings.
Wednesday: Gross Domestic Product (GDP). ADP Employment Report. Pending Home Sales. Personal Consumption & Expenditures (PCE) Index.
Thursday: ISM Manufacturing. Construction Spending. Auto Sales.
Friday: Employment Report. Factory Orders.
Source: Investors Business Daily – Econoday economic calendar; April 24, 2025 The Econoday economic calendar lists upcoming U.S. economic data releases (including key economic indicators), Federal Reserve policy meetings, and speaking engagements of Federal Reserve officials. The content is developed from sources believed to be providing accurate information. The forecasts or forward-looking statements are based on assumptions and may not materialize. The forecasts also are subject to revision.
This Week: Companies Reporting Earnings
Monday: Welltower Inc. (WELL), Waste Management, Inc. (WM)
Tuesday: Visa Inc. (V), The CocaCola Company (KO), Booking Holdings Inc. (BKNG), S&P Global Inc. (SPGI), Pfizer Inc. (PFE), Honeywell International Inc. (HON), Spotify Technology (SPOT), American Tower Corporation (AMT), Altria Group, Inc. (MO), Starbucks Corporation (SBUX)
Wednesday: Microsoft Corporation (MSFT), Meta Platforms, Inc. (META), QUALCOMM Incorporated (QCOM), Caterpillar Inc. (CAT), Automatic Data Processing, inc. (ADP)
Thursday: Apple Inc. (AAPL), Amazon.com, Inc. (AMZN), Eli Lilly and Company (LLY), Mastercard Incorporated (MA), McDonald’s Corporation (MCD), Amgen Inc. (AMGN), Stryker Corporation (SYK), The Southern Company (SO), Intercontinental Exchange Inc. (ICE), KKR & Co. Inc. (KKR)
Friday: Berkshire Hathaway Inc. (BRK.A/BRK.B), Exxon Mobile Corporation (XOM), Chevron Corporation (CVX)
Source: Zacks, April 24, 2025. Companies mentioned are for informational purposes only. It should not be considered a solicitation for the purchase or sale of the securities. Investing involves risks, and investment decisions should be based on your own goals, time horizon, and tolerance for risk. The return and principal value of investments will fluctuate as market conditions change. When sold, investments may be worth more or less than their original cost. Companies may reschedule when they report earnings without notice.
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