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Case-shiller up, home sales & consumer confidence down
While home prices were up but new sales down, consumer confidence took a hit and so did Costco (COST) a...
September 26, 2023, 6:47 pm
Is a housing crisis brewing in the us?
The housing market in the United States has been encountering a number of issues, prompting fears about the possibility of a housing crisis. While the...
September 26, 2023, 5:49 pm
Fhfa us july home prices +0.8% vs +0.3% prior
Data from the FHFA:Prices m/m +0.8% vs +0.3% prior (revised to +0.4%)Prices y/y +4.6% vs +3.1% prior (revised to +3.2%)Note that these numbers are fro...
September 26, 2023, 1:02 pm
Redfin ceo explains why the housing market is taking a beating
Glenn Kelman, Redfin CEO, joins 'Squawk on the Street' to discuss how big of an impact the higher mortgage rates are having on the housing industry, w...
September 26, 2023, 1:01 pm
Germany's scholz: we must massively expand activities in housing construction
It's correct for the ECB to take action against inflation but this inhibits home constructionEarlier, a report said Germany will indefinitely delay a ...
September 25, 2023, 12:01 pm
home prices could jump 5% in the next 12 months as high mortgage rates freeze the housing market, zillow economists say
home prices could climb even higher over the next year, Zillow economists said. The real estate listi...
September 22, 2023, 3:17 pm
Kb home price weakness is a signal to buy this cash machine
KB Home NYSE: KBH is selling off on a narrowing margin and FOMC hawkishness, but don't be fooled. The sell-off has shares down 16% from their highs, a...
September 22, 2023, 3:01 pm
Why redfin stock dropped today
Redfin fell on Thursday after the National Association of Realtors (NAR) announced that U.S. home sales fell 0.7% sequentially and 15.3% year over yea...
September 21, 2023, 4:28 pm
Stanley black & decker: improved upside and yield after the correction (rating upgrade)
SWK's premium valuations do not match the consensus estimates, attributed to the underwhelming top and bottom line projections through FY2025. Combine...
September 20, 2023, 2:00 pm
Forexlive asia-pacific fx news wrap: aud higher after better than expected data from china
Australia has a new Reserve Bank of Australia Governor today - Bullock replaces LoweJapan's next CPI data will show core inflation above target for th...
September 15, 2023, 3:49 am
Another rate cut from the people's bank of china, 14 day reverse repo to 1.95% from 2.15%
From China so far today:Chinese state-linked developer Sino-Ocean has suspended payment on all its offshore debtsPBOC sets USD/ CNY reference rate for...
September 15, 2023, 1:41 am
China august new home prices -0.3% m/m (prior month -0.2%)
For the y/y -0.1%prior -0.1%China's subdued property markets continues that way. Earlier:Chinese state-linked developer Sino-Ocean has suspended payme...
September 15, 2023, 1:36 am
Why are home prices so expensive? blame the boomers, barclays says
Boomers are reaching retirement age and forming new households, either due to divorce or death, but they aren't freeing up existing supply....
September 13, 2023, 11:40 am
Why are home prices so expensive? blame the boomers, barclays says
Would-be homebuyers nationwide. are facing a spike in housing costs amid an ongoing affordability crisis - and baby boomers may be to blame, Barclays ...
September 12, 2023, 8:45 am
Itb: the 'big peak' for home construction is in
The home construction sector is facing a potential slowdown as rising mortgage rates and low home affordability begin to affect ...
September 12, 2023, 1:16 am
Ny fed august one-year inflation expectations 3.6% vs 3.5% prior
Survey of consumers in August puts one-year ahead expected inflation at 3.6% vs July reading of 3.5%.August three-year ahead expected inflation at 2.8...
September 11, 2023, 3:00 pm
As vikings’ season kicks off, a look at the true price of tailgating
In recent years, food costs have been climbing, making the pre-game fun more spendy. By the end of 2023, the price of food is expected to be up 5.9%. ...
September 8, 2023, 10:29 am
Itb: the hidden supply of housing could be a problem for homebuilders
Baby boomers and empty nesters are downsizing and planning to sell their homes to supplement retirement funds. This "hidden supply" of homes not yet l...
September 7, 2023, 12:35 am
Bank of canada preview: loonie hits five-month low ahead of rate decision. what's next
The Canadian dollar is undoubtedly a commodity currency and its largest export by far is crude oil. So why is oil at a 10-month high and the Canadian ...
September 5, 2023, 7:03 pm
Here’s a “bold call” on u.s. housing prices (don’t hang your hat on it)
This does not look like a bottom in median existing home prices By Elliott Wave International Back in O...
September 1, 2023, 10:34 am