Newsletter – 11/27/2023
Week of November 20, 2023 in Review It was a quiet week ahead of the Thanksgiving holiday, but the markets gobbled up the latest news on Existing Home Sales and Jobless Claims. Plus, find out what a key recession indicator is signaling. Here are the highlights: Hope Ahead for Housing Inventory? Weekly Jobless Claims Decline […]
Newsletter – 11/20/2023
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 […]
Newsletter – 11/13/2023
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 […]
Newsletter – 11/6/2023
Week of October 30, 2023 in Review There was a mix of tricks and treats among last week’s labor sector, home price and Fed rate headlines. Here are the highlights: Lower Job Numbers Closer to Real Picture Private Payrolls Below Expectations “JOLT” Higher for Job Openings Continuing Jobless Claims Reach 6-Month High Is the Fed […]
Newsletter – 10/30/2023
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 […]
Newsletter – 10/23/2023
Week of October 16, 2023 in Review Tight housing inventory and elevated mortgage rates remain key headwinds for homebuyers and home builders. Plus, there was more Fed chatter about rates and the labor sector “WARNing” you need to know about. Here are the headlines: “Pressing Need” for More Housing Inventory Housing Starts Rise but Is […]
Newsletter – 10/16/2023
Week of October 9, 2023 in Review Shelter and energy costs pushed consumer prices higher in September, but inflation has made significant progress lower since peaking last year – and some Fed members are taking notice. Here are last week’s headlines: Lodging, Energy Costs Push Inflation Higher Wholesale Inflation Heating Up Fed Members Breaking Rank […]
Newsletter – 10/10/2023
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 […]
Newsletter – 10/2/2023
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 High for […]
Newsletter – 9/25/2023
Week of September 18, 2023 in Review The Fed held its benchmark Fed Funds Rate steady, though there are signs that a higher for longer approach is ahead. Plus, elevated mortgage rates and tight inventory remain key factors impacting the housing market. Read on for last week’s stories: Will the Fed Keep Rates Higher for […]