Week of June 17, 2024 in Review Both sales of existing homes and new construction were lower in May. Here are the highlights: Existing Home Sales Slower but Median Home Price at Record High Home Builder Sentiment Hammered Lower…
Week of June 10, 2024 in Review The Fed once again held rates steady, while tamer than expected consumer and wholesale inflation for May was a welcome sign. Unemployment claims also saw a big move higher. Here are last week’s…
The Fed held rates steady, while there were mixed messages from the labor sector and home prices continued to hit new highs. Read on for these stories and more: -Fed Funds Rate “Likely at Its Peak” -Was January’s Jobs Report…
Inflation continues to move lower towards the Fed’s 2% target, while declining mortgage rates boosted signed contracts on new and existing homes in December. Here are the latest headlines: -Key Inflation Measure Below 3% -New Home Sales End 2023 on…
Home sales and construction slumped in December, but buyers and builders have reasons to be optimistic about the housing market this year. Find out why and more in these stories: -December’s Existing Home Sales Likely a “Bottom” -Home Builders Optimistic…
