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2015 

case-Shiller Home Price Index reports for November indicate that home price growth continues to slow. The 20-City Home Price Index dropped by 0.20 percent to November's reading of 4.30 percent year-over-year.Ā  The five cities with highest year-over-year home price growth rates in November were: S...
01/28/2015
Last week's economic reports included the National Association of Home Builders Wells Fargo Housing Market Index, Housing Starts for December and the FHFA Home Price Index report for November. The National Association of RealtorsĀ® also released its Existing Home Sales report for December. Freddie...
01/26/2015
The National Association of Homebuilders (NAHB) Wells Fargo Housing Market Index reported that homebuilder confidence in sales conditions for single-family homes declined one point to a reading of 57. The NAHB Housing Market Index measures home builder confidence based on builder opinions of curr...
01/20/2015
Last week's scheduled economic news was mixed. Job openings increased and jobless claims increased, and consumer sentiment rose. Mortgage rates fell across the board. Labor market conditions improved and consumer prices fell in large part due to decreasing fuel prices. The details: Labor Market C...
01/20/2015
Last week's economic news was dominated by labor reports and FHA's announcement that it will lower its mortgage insurance premiums in an effort to make homes more affordable for first-time and moderate income home buyers. Mortgage rates fell last week as employment reports showed strengthening jo...
01/11/2015
The minutes of the Fed's Federal Open Market Committee (FOMC) indicate that Fed policymakers aren't concerned about low inflation rates as an obstacle to raising the target federal funds rate. The national inflation rate was 1.50 percent for the 13 months ending in October. The inflation rate as ...
01/07/2015
Case-Shiller reported that home prices hit their lowest pace in two years. According to the Case-Shiller 20-City Home Price Index for October, home prices fell in 10 cities, rose in eight cities and were unchanged in two cities. In other news, pending home sales increased and weekly jobless claim...
01/05/2015
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Bob Elliot

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