President Biden just signed the debt ceiling bill! Let the games begin. Hopefully, this will encourage the FED to ease interest rates and the stock market to climb. That is no reason for this country to go into a recession. We have high employment … [Read more...]
Jobs Report and the FOMC Statement
In each Economic Update, the Research staff analyzes recently released economic indicators and addresses what these indicators mean for REALTORS® and their clients. Today’s update discusses the Jobs Report and the Federal Open Market Committee … [Read more...]
The Latest on Mortgage Applications and GDP
In each Economic Update, the Research staff analyzes recently released economic indicators and addresses what these indicators mean for REALTORS® and their clients. Today’s update discusses mortgage applications and GDP. The number of people … [Read more...]
Case-Shiller Home Price Index
In each Economic Update, the Research staff analyzes recently released economic indicators and addresses what these indicators mean for REALTORS® and their clients. Today’s second update discusses the Case-Shiller home price index. Case-Shiller May … [Read more...]
The Latest Homeownership Rate
In each Economic Update, the Research staff analyzes recently released economic indicators and addresses what these indicators mean for REALTORS® and their clients. Today’s first update discusses the latest homeownership rate. The homeownership … [Read more...]
Charts from Today’s Pending Home Sales Release
After reaching the highest level in over six years, pending home sales declined in June, with rising mortgage interest rates beginning to impact the market. The Pending Home Sales Index, a forward-looking indicator based on contract signings, edged … [Read more...]
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