World Oil Production as of March 2018


The production of seven countries accounts for more than 50% of world production. Worldwide oil production has decreased by 564 bbl/d/k from the previous month.

While Russia and the United States increased production, Saudi Arabia reduced production. Especially Canada’s production has decreased a lot.

 

Obs Country

Last

Date

Previous

Highest

Lowest

Change

Percent_Change

1 Russia

10549

17DEC

10538

10832

5707

11

0.10438

2 United States

9964

18JAN

9949

10057

3971

15

0.15077

3 Saudi Arabia

9907

18MAR

9935

10720

2340

-28

-0.28183

4 Iraq

4360

18MAR

4360

4830

0

0

0.00000

5 Canada

3918

17DEC

4249

4249

955

-331

-7.79007

6 Iran

3814

18MAR

3810

6677

510

4

0.10499

7 China

3763

17DEC

3820

4408

1012

-57

-1.49215

8 United Arab Emirates

2872

18MAR

2797

3220

291

75

2.68144

9 Kuwait

2700

18MAR

2700

3768

0

0

0.00000

10 Brazil

2612

17DEC

2595

2730

330

17

0.65511

11 Mexico

1903

17DEC

1896

3547

1761

7

0.36920

12 Kazakhstan

1856

17DEC

1861

1861

407

-5

-0.26867

13 Nigeria

1686

18MAR

1635

2475

675

51

3.11927

14 Norway

1567

17DEC

1520

3417

2

47

3.09211

15 Venezuela

1509

18MAR

1586

3453

594

-77

-4.85498

16 Angola

1496

18MAR

1498

2030

503

-2

-0.13351

17 Oman

984

17DEC

962

1057

693

22

2.28690

18 Libya

968

18MAR

1005

15625

7

-37

-3.68159

19 Algeria

966

18MAR

1036

1427

775

-70

-6.75676

20 Colombia

829

17DEC

846

1035

356

-17

-2.00946

Variable Label

Mean

Std Dev

Minimum

Maximum

N

Sum

Last
Previous
Change
Percent_Change
Last
Previous

 

801.9748454
807.6037113
-5.6288660
0.2350269

1927.61
1933.52
45.2988501
5.6032687

0.0100000
0.0100000
-331.0000000
-24.3602866

10549.00
10538.00
75.0000000
33.3333333

97
97
97
97

77791.56
78337.56
-546.0000000
22.7976061

Washington-Arlington-Alexandria, DC-VA-MD-WV as of March 2018

The median price is approximately $ 420,000. The average price is $ 600,000. However, the total number of inventory is decreasing, and it takes 51 days to sell  a house. The figures for these numbers are as of March 2018.

중간가격은 42만불입니다. 평균가격은 60만불입니다. 하지만 전체 재고량의 숫자는 줄어들고 있고 집이 매매되는 평균 판매기간은 51일 입니다. 이숫자들의 기준은 2018년 3월입니다.






Philadelphia-Camden-Wilmington, PA-NJ-DE-MD

Let’s look at housing prices in Philadelphia, which is the sixth largest city in the United States. Housing prices in Philadelphia have grown less than other metropolitan areas in the last six years because the economic growth rates in Philadelphia are less than other cities. Also, the Philadelphia is not a preferred destination for foreign investors like LA or New York. The median price for Philadelphia is $ 230,000 and the average price is $ 340,000. This price is significantly lower than other metropolitan cities.

 







Source: www.realtor.com

Houston-The Woodlands-Sugar Land, TX

The medium housing price of the Houston is approximately $ 320,000. The housing prices in Houston have been staying flat since 2015 because Houston’s economy has been hit by oil prices that began to fall since the summer of 2014. The housing prices even declined in 2016 and listings have been growing steadily since 2015. As oil prices rebounded again, Houston home prices began to rebound.

휴스톤 주택 중간가격은 $32만불이고 평균가격은 42만불입니다. 2015년이후로는 주택가격이 거의 오르지 않고 있습니다. 그이유가 2014년부 여름 부터 하락하기 시작한 유가로 인해서 휴스톤의 경제가 타격을 받았습니다. 2016년 에는 주택가격이 오히려 하락하였습니다. 2015년 부터 리스팅은 계속햬서 늘어나고 있습니다. 유가가 다시 반등하면서 휴스톤 주택가격은 다시 반등하기 시작했습니다.






S&P/Case-Shiller U.S. National Home Price Index (C SUSHPINSA)as of January 2018

S&P/Case-Shiller U.S. National Home Price Index (C SUSHPINSA)

 

The chart below shows the S&P/Case-Shiller U.S. National Home Price Index as of January, 2018. It recovers 107 % from the bottom of financial crisis.

On average, house prices rose by 3.76% each year. As of January 2018, housing prices are up 6.2% compare to same period from previous year. This means that housing market are hotter than average.



평균적으로 매년 집값은 3.76% 상승했습니다. 현재 1월 기준으로 주택가격은 6.2% 의 상승률을 보여주고 있습니다. 이것은 주택가격이 평균적보다는 좋다는것을 의미합니다.

Variable Label

Mean

Std Dev

Minimum

Maximum

N

pctchng_CSUSHPINSA
pctchngyr_CSUSHPINSA
Monthly Percent Change, At Monthly Rates
Percent Change from One Year Ago

0.3049365
3.7652793

0.6563369
5.5994448

-2.2584717
-12.7497739

2.0374650
14.5079557

372
361

Source: https://fred.stlouisfed.org/series/CSUSHPINSA

Chicago-Naperville-Elgin, IL-IN-WI as of 2/2018

Chicago is the third largest city which represents central part of the United States, after New York City in east and Los Angeles in West. The current median price is around $ 280,000 which is only half price of New York. It is only one-third of the housing prices in LA metro area. The average price is $ 420,000. The rate of increase in house prices is steadily decreasing from 2015 because the Inventories are also declining. The sale period would take an average of two months, but the sale period will increase in 2018. Chicago housing prices recovered 82% from the bottom of the financial crisis.

시카고는동부를 대표하는 뉴욕, 서부를 대표하는 LA 다음으로 미국중부를 대표하는 3번째로 큰도시입니다. 현재 중간가격은 $28만불정도이고 이가격은 뉴욕의 반정도 됩니다. 엘에이 주택가격의 3분의 1가격입니다. 평균가격은 $42만불입니다. 집값상승률은 점점줄어들고 있습니다. 재고량도 줄어들고 있습니다. 매매기간은 평균 두달정도 걸리는데 매매기간이 2018년에는 늘어났습니다. 시카고 주택가격은 금융위기의 최저치에서 82% 정도 회복했습니다.







Source: http://www.realtor.com/research/data

 

The housing prices in Chicago recovered 82 percent from the bottom of the financial crisis.

Source:https://fred.stlouisfed.org/series/CHXRSA

Los Angeles-Long Beach-Anaheim, CA as of 2/2018

LA-Long Beach-Anaheim is the second largest metropolitan area in the United States. The median house price exceeds $ 700,000 and the average price is $ 1.5 million dollars. This price is 40% more expensive than the housing prices in New York-New Jersey which is the biggest city in the United States. The size of economy in LA is smaller than New York, but the price of the house is more expensive. The House prices continue to rise and supply is declining.

LA-Long Beach-Anaheim 지역은 미국에서 두번째로 큰도시 입니다. 현재 주택중간가격은 $70만불이 넘었고 평균가격은 $150만불이 됩니다. 이가격은 미국에서 제일 큰 뉴욕-뉴저지 주택가격보다 40% 이상 비싼가격입니다. 경제규모는 뉴욕보다 작은데 주택가격은 더비쌉니다. 주택가격은 지속적으로 상승하고 공급량도 줄어들고 있습니다.







House prices in the Los Angeles area are now recovering 100% from the lowest point during the financial crisis.

LA 지역의 주택가격은 현재 금융위기의 최저가에서 100% 회복한 상태입니다.


Source: https://fred.stlouisfed.org/series/LXXRSA


New York-Newark-Jersey City, NY-NJ-PA

New York is the largest city in the United States. The median house price is approximately $ 480,000, but the average price is over $ 1 million which is twice of median price. The supply is steadily declining and housing is being sold at faster. It takes three months to sell the house in New York.

뉴욕은 미국에서 제일 큰도시 입니다. 주택중간가격은 $48만불 하지만 평균가격은 $100만불이 넘습니다. 즉 두배나 차이가 납니다.

이것은 $100만불넘는 주택이 많이 리스팅에 있습니다. 공급량은 계속줄어 들고 있고 주택이 매매되는기간이 점점 짧아지고 있습니다.

뉴욕에서는 주택매매는 평균 석달이 걸립니다.






The chart below shows the S&P/Case-Shiller NY-New York Home Price Index.

Housing Prices for New York

Source: https://fred.stlouisfed.org/series/NYXRSA