Tuesday: New Home Sales, Case-Shiller House Prices, Durable Goods, Consumer Confidence and more

Plenty of data tomorrow ...

Tuesday:
• Early: LPS "First Look" at May mortgage performance data. Expect further declines in delinquencies and foreclosures.

• At 8:30 AM ET, the Durable Goods Orders for May from the Census Bureau. The consensus is for a 3.3% increase in durable goods orders.

• At 9:00 AM, the S&P/Case-Shiller House Price Index for April. Although this is the April report, it is really a 3 month average of February, March and April. The consensus is for a 10.9% year-over-year increase in the Composite 20 index (NSA) for December. The Zillow forecast is for the Composite 20 to increase 12.1% year-over-year, and for prices to increase 1.7% month-to-month seasonally adjusted.

• Also at 9:00 AM, the FHFA House Price Index for April 2013. This was original a GSE only repeat sales, however there is also an expanded index that deserves more attention. The consensus is for a 1.2% increase.

• At 10:00 AM, the New Home Sales report for May from the Census Bureau. The consensus is for an increase in sales to 460 thousand Seasonally Adjusted Annual Rate (SAAR) in May from 454 thousand in April.

• Also at 10:00 AM, the Conference Board's consumer confidence index for June. The consensus is for the index to decrease to 75.0 from 76.2.

• Also at 10:00 AM, Richmond Fed Survey of Manufacturing Activity for June. The consensus is for a reading of 2 for this survey, up from minus 2 in May (above zero is expansion).