WEEKLY VANTAGE POINT: MAY 30 – JUNE 2, 2017

Reports to Watch The week is full of key economic data from a variety of sectors. Economic data kicks off on Tuesday with the release of Personal Income and Personal Spending, the inflation reading Personal Consumption Expenditures and Consumer Confidence. … Continue reading

HOME SALES HEATED UP HEADING INTO WINTER

HOME SALES HEATED UP HEADING INTO WINTER

New and Existing Home Sales were something to celebrate in November, while home prices continued to heat up. The National Association of REALTORS┬« reported that Existing Home Sales in November edged higher by 0.7 percent from October to an annual … Continue reading

SEPTEMBER HOME SALES HEAT UP

SEPTEMBER HOME SALES HEAT UP

The National Association of REALTORS┬« reported that after two straight monthly declines, Existing Home Sales jumped 3.2 percent from August to September. First-time buyers claimed a 34 percent share of home purchases, a high not seen in over four years. … Continue reading

SOME SPRING IN OUR STEP

SOME SPRING IN OUR STEP

Spring is nearly here, and some sectors of the economy are warming more than others. Home Sales: Heating Up Lower than expected home loans rates are making homeownership more affordable than renting in many areas. January Existing Homes Sales, which … Continue reading

TURNING UP THE HEAT

TURNING UP THE HEAT

Spring brought a hopeful thaw to housing data, as markets looked forward to things heating up in time for summer. Pending home sales were reported 14 percent higher than a year ago, and are at their highest level in nine … Continue reading

SPRING HEATS UP HOUSING

SPRING HEATS UP HOUSING

According to a late February analysis in the Wall Street Journal, homebuilders are reporting that sales of newly built homes so far this year are going gangbusters. But sales of existing homes are more lukewarm. Why the difference? A simple … Continue reading