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…]
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…]
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…]
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…]
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…]
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 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…]
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…]