Latest News Tag: Market Trends

Last Week in Review:  Rates hit seven-year highs midweek on the heels of a confusing Fed message. Our Federal Reserve has a dual mandate - to maintain price stability (inflation) and maximum employment. They also have a 3rd "unstated" mandate, which is to maintain market calm. This past week, the Fed came up a bit […]

Last Week in Review: Rates were higher early in the week - but improved on the heels of a soft Consumer Inflation reading and rout in Stocks. When following the direction of interest rates, one only has to follow the direction of inflation. If inflation is moving higher, rates are going higher. The opposite is […]

Last Week in Review: August brought mixed results on new home construction and sales of existing homes. August Housing Starts rose 9.2 percent from July to a seasonally adjusted annual rate of 1.282 million units, above the 1.229 million expected. Single-family starts, which make up the largest share of the residential housing market, were up […]

Last Week in Review: August Retail Sales rose at their smallest level in six months. Did inflation sizzle or fizzle? Retail Sales disappointed in August, up just 0.1 percent from July. However, July's figure was revised higher from 0.5 percent to 0.7 percent. Sales were led by non-store retailers and from receipts at gasoline stations, […]

Last Week in Review: Non-farm payrolls rose in August. So did home prices in July. U.S. employers hired 201,000 new workers in August, above the 187,000 expected, the Bureau of Labor Statistics reported. However, June and July were revised lower by a total of 50,000 jobs. Job gains have averaged 185,000 per month over the last 3 […]

Last Week in Review: Existing Home Sales fell for the fourth straight month in July. New Home Sales declined on a monthly basis but improved annually. Existing Home Sales decreased 0.7 percent to a seasonally adjusted annual rate of 5.34 million in July from 5.38 million in June, the National Association of REALTORS® reported. This […]

Last Week in Review: Retail Sales were stronger than expected in July. Housing Starts improved from June's nine-month low. July Housing Starts rebounded slightly from the steep decreases seen in June. Housing Starts grew to a seasonally adjusted annual rate of 1.168 million units, which was a 0.9 percent increase from June's downwardly revised estimate […]

Last Week in Review: Home price gains were strong in June. Did inflation heat up in July? Research firm CoreLogic reported that home prices, including distressed sales, rose 6.8 percent from June 2017 to June 2018. Prices were up 0.7 percent from May to June. However, gains could slow over the next year if further […]

Last Week in Review: Job growth eased in July while annual inflation remained tame in June and home prices continued to rise. Non-Farm Payrolls rose by 157,000 new jobs in July, below the 190,000 expected, the Bureau of Labor Statistics reported. However, the figures for May and June were revised higher by a total of […]

Last Week in Review: Home sales slumped in June while second quarter economic growth soared. Existing Home Sales declined for the third straight month in June, falling 0.6 percent from May to an annual rate of 5.38 million units, the National Association of REALTORS® reported. Declines in the West and South outpaced gains in the […]