by John Evans | Jun 29, 2015 | Market Outlook
Last week’s economic news was largely positive as both new and existing home sales beat expectations. FHFA reported that home price growth held steady in May, while weekly jobless claims edged up, but were lower than expected. New and Existing Home Sales Exceed...
by John Evans | Jun 22, 2015 | Market Outlook
Last week’s economic news included National Association of Home Builders / Wells Fargo (NAHB) Housing Market Index and Commerce Department reports on Housing Starts and Building Permits, the post-meeting statement of the Fed’s Federal Open Market Committee...
by John Evans | Jun 18, 2015 | Market Outlook
The Federal Open Market Committee (FOMC) of the Federal Reserve did not move to increase the Fed’s target federal funds rate, which is currently 0.00 to 0.250 percent. Although the committee acknowledged further progress toward achieving the Federal...
by John Evans | Jun 15, 2015 | Market Outlook
Retail Sales, Consumer Confidence Up Retail sales rose for the third consecutive month. May sales increased at a seasonally adjusted rate of 1.20 percent according to Commerce Department data. Auto and gasoline sales led the charge to higher retail sales, but analysts...
by John Evans | Jun 8, 2015 | Market Outlook
Last week’s economic news included reports on construction spending, Freddie Mac’s mortgage rates survey and several employment related reports. The details: Construction Spending Jumps The Commerce Department reported that construction spending reached...
by John Evans | Jun 1, 2015 | Market Outlook
Last week’s economic reports included the Case-Shiller Home Price Indexes, FHFA’s House Price Index and Pending Home Sales from the Commerce Department. The details: Home Prices Dip in March, Pending Home Sales Up According to the Case-Shiller 20-City...
