What to Look for This Week

More housing reports are ahead, with May’s New and Pending Home Sales releasing on Tuesday and Thursday, respectively. We’ll also see an update on home price appreciation for April when the Case-Shiller Home Price Index and the Federal Housing Finance Agency (FHFA) House Price Index are reported on Tuesday.

Look for the latest Jobless Claims on Thursday while Friday brings a crucial update when the Fed’s favored inflation measure, Personal Consumption Expenditures, is reported for May.