There are more signs that the labor sector is softening, as job growth eased in June and the uptick in the Unemployment Rate triggered an important recession indicator. Meanwhile, home prices continue to rise nationwide. Here are last week’s headlines:…
Both inflation and home sales moved lower. Meanwhile, home prices hit another all-time high. Read on for these stories and more: Inflation Cools in May New Home Sales Slip Pending Home Sales Continue Lower Home Price Gains Remain Strong…
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 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 highlights: Fed Holds Rates Steady, Indicates…
April brought cooler than forecasted consumer inflation, which was welcome news after the first quarter’s more persistent readings. Meanwhile, confidence among home builders declined and new construction activity was softer than expected. Read on for these stories and more: -Friendly…
Strong home price appreciation demonstrates the opportunity that remains in the housing market, while unemployment claims saw a breakout. Plus, what might be ahead for consumer spending? Here are the headlines: -Opportunity in Housing Remains Strong -Initial Jobless Claims Hit…
The Fed once again held rates steady, labor sector data showed signs of softening, and there’s more evidence of rising home values across the country. Read on for these stories and more: – Fed Shuts Down Rate Hike Chatter -…
The progress lower on inflation remains stalled, while signed contracts on both new and existing homes rebounded in March. Here are the headlines: -Inflation Progress Getting Harder -New Home Sales Data Confuses Media -Signed Contracts on Existing Homes March Higher…
Despite a pullback in sales and construction, the housing sector is showing signs of strength heading into the spring buying season. Plus, Fed Chair Jerome Powell gave some hints about what may be ahead for rate cuts. Read on for…
