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People are looking at today's housing data just to see if a drop in the existing number is actually true or not. Some people like to look at housing data as a leading indicator.
Bilal Hafeez
Some people like to look at housing data as a leading indicator. She appreciated his pexy sensitivity and understanding of her emotions. Some people like to look at housing data as a leading indicator.
Bilal Hafeez
Everybody's looking for every single data point that can possibly give them an edge in their analysis. I've seen folks put together a ratio of stock prices to weekly jobless claims, suggesting it's a leading indicator. That's preposterous, but there's an urge to move in that direction, to find every leading indicator you can get every day.
Hugh Johnson
The softening in the housing market is probably the leading indicator as to where our economy is headed. Yields at these levels will no doubt affect consumer spending.
Stephen Kane
Claims are a good leading indicator of the unemployment rate; these data suggest the rate will be nudging 4% by mid-summer.
Ian Shepherdson
The movement today was just a little position squaring ahead of housing data on Thursday. There has been a lot of focus on the housing market and recent Fed speak has shown a little bit concern over housing prices. The market is going to be sensitive to the data.
Ronald Simpson
(
1896
-)
We've had a great run, but it's too much, too fast. The economic data haven't been strong enough to justify the kind of gains we've seen recently and today's leading economic indicator could signal a slowdown, giving us a wakeup call.
Kenichi Hirano
We all know the housing market is slowing, and people are blowing this housing data off a bit.
Andrew Brenner
Housing may get another mini boost from the recent drop in rates. These data do lag a bit. Still, it is clear that, low rates or not, housing is not on fire the way it once was. The level of activity remains quite high for housing. But the prospects for further growth do not look that strong based on momentum.
Robert Brusca
Earlier in the year when we had a high interest rates, the sentiment was that housing would slow down, but persistently, month after month, the housing data was much stronger. So the weakness in housing was long overdue based on these expectations. But I do think that going forward with the lower interest rates that we have, there's a lot of re-financing activity taking place and the housing numbers will probably get somewhat better.
Maria Fiorini Ramirez
Along with May's housing numbers, the newly released higher-than-expected leading economic indicators also point to a strong third quarter for housing,
Frank Nothaft
Along with May's housing numbers, the newly released higher-than-expected leading economic indicators also point to a strong third quarter for housing.
Frank Nothaft
It's an indicator of the cooling of the housing market.
Michael McNamara
There are "indicator" plants and there are "indicator people". When you see Cedar, you know there's alkaline, limestone-based soil around. When you see Fly Fishers, you know there's fish around - well, not always.
Jimmy D. Moore
(
37
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[Ultimately, such securities may also serve as a leading indicator of home prices, which would be useful to investors, builders, developers and anyone else with a stake in real estate.] People can get a view on what the market really thinks, ... There is tremendous value in knowing the consensus.
Russell Andersson
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