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…
Job growth surpassed expectations in March, while home price growth remains strong ahead of the busy spring homebuying season. Read on for these stories and more: -March Job Gains Roared in Above Estimates -Jump in ADP Job Numbers -Job Openings…
Progress on the Fed’s preferred inflation measure has stalled, while the latest data on appreciation and signed contracts show strength in the housing sector. Here are the headlines: -Progress Stalls on Inflation -Media Mixed Up About Mix of New Home…
The Fed held rates steady, as anticipated, with their forecasts showing that three cuts are still expected this year. Plus, February saw positive momentum in home sales and construction. Here are the top stories: -Fed Still Signals Three Rate Cuts…
Both consumer and wholesale inflation were hotter than expected last month. Plus, retail sales in February rebounded from January’s sharp decline, but not as much as economists had forecasted. Here are the headlines: Upside Surprise to Consumer Inflation Wholesale Inflation…
There are signs of softening in the labor sector, while annual home price growth continues to show signs of strength. Read on for these stories and more: -Revisions the Real Headline to Job Data -Private Sector Job Growth Below Forecasts…
The Fed’s favored inflation measure showed that annual inflation continues to progress lower, albeit slowly. And while the weather and mortgage rates impacted signed contracts for homes in January, key home price indexes revealed that 2023 was another strong year…
