Newsletter – 2/20/2024
Week of February 12, 2024 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 […]
Newsletter – 2/12/2024
Week of February 5, 2024 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 […]
Newsletter – 2/5/2024
Week of January 29, 2024 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 […]
Newsletter – 1/29/2024
Week of January 22, 2024 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 […]
Newsletter – 1/22/2024
Week of January 15, 2024 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 […]
Newsletter – 1/16/2024
Week of January 8, 2024 in Review Inflation continues to make progress lower while home prices nationwide are on the rise. Here are last week’s headlines: Annual “Core” Consumer Inflation Falls Below 4% Wholesale Inflation Lower Than Expected Home Prices Continue to Move Higher Holiday Season Impact on Jobless Claims Annual “Core” Consumer Inflation Falls […]
Newsletter – 1/8/2024
Week of January 1, 2024 in Review Job growth beat expectations in December, but is the labor sector as strong as the headlines imply? Plus, the minutes from the Fed’s last meeting suggest rate cuts are ahead, though the timing remains unclear. Here are the highlights: Job Growth Less Rosy Than It Appears Private Sector […]
Newsletter – 12/18/2023
Week of December 11, 2023 in Review The Fed left rates unchanged at their meeting last week. This followed news that inflation at both the consumer and wholesale levels continued to cool in November. Here are the headlines: Fed Pivots, Signals Rate Cuts Are Ahead Continued Progress on Consumer Inflation Wholesale Inflation Also Cooled Retail […]
Newsletter – 12/11/2023
Week of December 4, 2023 in Review The latest labor sector data showed mixed results, while home prices increased. Here are the highlights: BLS Jobs Report Not What We Wanted Private Payrolls Below Expectations Job Openings Lower Jobless Claims Home Prices Hitting Highs BLS Jobs Report Not What We Wanted The Bureau of Labor […]
Newsletter – 12/4/2023
Week of November 27, 2023 in Review There was welcome news for consumers as inflation continued to inch lower in October. Plus, tight housing inventory is still hindering contract signings and boosting home values. Here are last week’s headlines: Inflation Inching Lower Pending Home Sales Plunge in October What the Media Misunderstands About New Home […]