real estate

Housing: Keeps Up The Good Work

by on May 23, 2013

Today's report on the sale of newly constructed homes tells us that the real estate recovery continues unabated. Sales rose 2.3% in April to an [more…]

House Price Fever?

by on May 1, 2013

Yesterday's news that the Case-Shiller index continues to move upwards is not necessarily good. The index shows that home prices rose another 0.3% in February [more…]

Housing Rebounds Strongly

by on February 26, 2013

One way to take your mind off of sequester week is to look at today's report on home sales. It's good.

Sales of new homes [more…]

The Economy Trips Up – Or Does It?

by on January 30, 2013

Oh dear. Two days ago I suggested things were looking up. Today we hear about fourth quarter economic growth. GDP - the measure we use, [more…]

Moderate Growth Mid-Year

by on December 20, 2012

It's difficult to get excited about data that is so old. So today's third, and final, version of third quarter GDP is notable mainly as [more…]

Update On The Economy

by on November 29, 2012

It's been a long break occasioned by a string of visitors. What happened in the interim? Not a whole lot. Washington is now deeply immersed [more…]

Real News

by on November 20, 2012

Real estate that is.

While we are all being distracted by totally unnecessary and febrile discussions of fiscal cliffs there is actual useful information emerging [more…]

Home Sales Perk Up

by on October 24, 2012

Good news: sales of new homes rose 5.7% in September to an annual rate of 389,000. This is the highest rate of activity since early [more…]

Production and Construction Pick Up

by on October 17, 2012

The last couple of days have brought us more news to support the notion of a solid, if unspectacular, recovery being well underway. Both industrial [more…]

Economic Drift

by on May 31, 2012

We are at sea. Adrift. Going nowhere. Wallowing about with little direction. Not sinking. Not soaring. Just floating. Just.

Today's GDP numbers validate the view [more…]