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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Week of January 29, 2023 in Review 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 Really a Blockbuster? Slow Start for Private Sector Job…
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Week of January 22, 2023 in Review 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 High Note Pending Home Sales Surged in December Fourth…
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Week of January 15, 2023 in Review 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 About 2024 “Solid Showing” for Single-family Construction Holiday…
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