by John Evans | Jan 4, 2016 | Market Outlook
2015 said farewell with reports on Case Shiller home prices, pending home sales, and consumer confidence. The details: Case-Shiller Home Prices Post Double Digit Gains in October According to Case-Shiller’s 20 City Home Price Index, Denver, Colorado, Portland,...
by John Evans | Dec 28, 2015 | Market Outlook
This week’s report of economic events is shortened due to the Christmas holiday. Economic news through Wednesday included Existing Home Sales, New Home Sales and Consumer Spending. The details: Existing Home Sales Dip, New Home Sales Rise According to the...
by John Evans | Dec 23, 2015 | Market Outlook
November sales of pre-owned homes dipped lower than expected and prior month’s readings according to the National Association of Realtors® (NAR). Analysts expected existing home sales to slow to a seasonally-adjusted annual rate of 5.30 million sales, which...
by John Evans | Dec 21, 2015 | Market Outlook
Last week’s scheduled economic reports included the NAHB Housing Market Index, Housing Starts, FOMC statement and Fed Chair Janet Yellen’s press conference. In addition to weekly reports on jobless claims and mortgage rates, inflation reports were also...
by John Evans | Dec 17, 2015 | Market Outlook
After prolonged speculation by economic analysts and news media, the Federal Open Market Committee of the Federal Reserve raised short-term interest rates for the first time in seven years. Committee members voted to raise the target federal funds rate to a range of...
by John Evans | Dec 14, 2015 | Market Outlook
Last week’s scheduled economic releases included reports on job openings, retail sales and consumer confidence in addition to usual weekly releases on mortgage rates and new jobless claims. The details: According to the U.S. Labor Department, job openings were...
