All Posts in Category: Southern Oregon Market Updates

Week of November 13, 2023 in Review Inflation continued to cool in October, while we saw an uptick in construction despite dampening homebuilder confidence. Plus, the latest Retail Sales and Jobless Claims suggest a slowing economy. Here are last week’s headlines:  Easing Consumer Inflation a Welcome Sign Huge Progress in Wholesale Inflation Are “Better Building Conditions” Ahead?…

Week of November 6, 2023 in Review More reports show that home prices are setting records, while continuing unemployment claims hit a seventh-month high. Plus, what you need to know about some key recession indicators. Here are last week’s headlines:  Home Prices Continue to Hit New Highs Continuing Jobless Claims Increase for Seventh Straight Week What Important…

Week of October 23, 2023 in Review Consumer inflation continued to inch lower in September, while signed contracts for new and existing homes were better than expected, showing resiliency in the housing market. Read on for last week’s headlines:  Inflation Inching Lower Pending Home Sales Perk Up in September Big Rebound in New Home Sales…

Week of October 2, 2023 in Review September brought a blowout job creation number from the Bureau of Labor Statistics, but is the labor sector as strong as that data suggests? Meanwhile, appreciation reports show that home prices are reaching new record highs. Here are last week’s headlines:  Soaring September Job Growth Defies Expectations Private Payrolls at…

MBS Road Signs 10-2-23 Week of September 25, 2023 in Review Inflation continues to march lower while tight housing supply and elevated mortgage rates remain key influences on home sales and home prices. Here are last week’s stories: Inflation Makes Progress Lower Pending Home Sales Tumble in August New Home Sales Hit Slowest Pace Since March Record…

MBS Road Signs 8-21-23 Week of August 14, 2023 in Review Despite ongoing challenges facing home builders, construction activity picked up last month. Plus, the minutes from the Fed’s July meeting provided some hints about what’s next for rate hikes. Here are the latest headlines: Strong Summer for Housing Starts Understanding the Decline in Home…