The Economic Week In Review - 04/25/08 06:22 PM
Exisiting Home Sales dropped 2% in March. The bad news was that housing supplies increased to 9.9 months, up .3 from the February number of 9.6. Median prices were up 2.5% to $200,700, but is down 7.7% as compared to the median price in March 2007. State Street Investor Confidence Index (5 comments)
The Economic Week In Review - 04/18/08 04:23 PM
Retail Sales came in +.2%, better than the unchanged number they were expecting. Given that most of this increase came from sales at gas stations, I’m not really sure how you can put a positive spin on it. Business Inventories came in as expected at .6%. Many were hoping to (0 comments)
Making Sense Of The Housing Market! - 04/13/08 05:53 PM
There’s plenty of bad news out there and I think it’s important to sift through the slate of negativity in order to understand what’s really going on. If you are looking to buy or sell a home, is this the right time?
First let’s look at some of the recent facts: (4 comments)
The Economic Week In Review - 04/11/08 05:27 PM
Consumer Credit-slowed substantially in February, $5.1B v.$10.3 in January. Pending Homes Index-outlook for the housing sector worsened as existing home sales fell 1.9% in February. Given the slowdown in the job market I would say this number will continue to look grim in areas where job losses are the (2 comments)
The Economic Week In Review - 04/04/08 04:21 PM
The Economic Week in Review:
NAPM Chicago Index showed a slight jump in orders, which was positive, but also showed a jump in prices, probably due to rising fuel prices.
Motor Vehicle Sales were weak, lowest rate since 1996, Construction Spending was down but better than expected and ,ISM Manufacturing (3 comments)
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