ABSORPTION RATE
The a kind of rate wherein the available homes are sold to a particular real estate market within a given time period. The calculation of the rates is through the division of the total number of available homes by the sales per month's average number. The figure will show the number of months that it will take for the exhaustion of the market's supply of homes. A high absorption rate may be an indication that a rapid shrink of supply of the available homes is taking place thus increases the chance of selling a piece of property in a lesser period of time by a homeowner.
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ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 12:00 | CBI retail sales volume balance | Apr | |
| 01:01 | BRC Shop Price Index | Apr | |
| 01:30 | Unemployment Rate | Mar | |
| 05:04 | BoJ MPC Interest Rate Announcement | Apr | |
| 05:04 | Monetary Policy Meeting Minutes | ||
| 05:04 | BOJ Outlook Report | ||
| 07:00 | BOJ Core CPI | Mar | |
| 08:30 | Bank of Japan Press Conference | ||
| 09:00 | Unemployment Rate | 1 quarter |
