Week of April 1, 2023 in Review 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 Flat, Quit Rate Remains Low Initial Jobless Claims Reach…
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Week of March 18, 2023 in Review 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 in 2024 Existing Home Sales Hit Highest Level in…
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Week of March 11, 2023 in Review 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 Comes in Hot February Retail Sales Below Estimates New…
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Week of February 5, 2023 in Review The latest appreciation and inventory data show why housing remains a great avenue for wealth creation. Read on for more details in these headlines: Home Prices Expected to “Extend to New Highs” The Real Story on Existing Home Inventory Is a Rise in Initial Unemployment Claims Ahead? Home Prices…
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Week of February 12, 2023 in Review Wholesale and consumer inflation were both hotter than expected in January. There was also a pullback in new home construction, though home builders are feeling confident about the year ahead. Here are last week’s headlines: Consumer Inflation Above Forecasts Hot Wholesale Inflation a Surprise Home Builder Confidence at 6-Month…
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Week of February 5, 2023 in Review The latest appreciation and inventory data show why housing remains a great avenue for wealth creation. Read on for more details in these headlines: Home Prices Expected to “Extend to New Highs” The Real Story on Existing Home Inventory Is a Rise in Initial Unemployment Claims Ahead? Home Prices…
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