Markets Get This Fresh Cheer From Economic Reports
Tuesday’s economic news brought us five reports — all of which beat economists’ expectations. The day began with the Census Bureau’s Advance Report on Durable Goods Orders for May, which indicated a...
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May: Last Month for Home Price Gains?
The solid recovery in the housing market has pushed home prices to record gains for yet another month. Standard & Poor’s/Case-Shiller Home Price Index showed that property values increased by the...
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Should Home Price Increases Concern or Please Policymakers?
In the housing market, growing demand is boosting value; on an annual basis, during the month of August, housing prices increased by the greatest percentage since February of 2006 — when the market...
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Do Soaring Housing Prices Mean It’s Bubble Time?
“The second and third quarters of 2013 were very good for home prices,” said David M. Blitzer, chairman of the S&P Dow Jones Index Committee, which compiles the monthly reading of the...
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Housing Prices Gains Cooled in January, But Analysts Aren’t Concerned
Source: Thinkstock “The housing recovery may have taken a breather due to the cold weather,” said Standard & Poor Index Committee Chairman David Blitzer in a Tuesday report, explaining the...
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Is the Housing Market Done Doing the Economic Heavy Lifting?
Source: Thinkstock With the winter’s exceedingly cold temperatures and ongoing increases in mortgage rates, demand for both new and existing homes has slowed. The monthly reading of the...
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