Residential Construction Down in June
By Michael Neal Following two consecutive monthly increases, single-family starts fell by 9.1 percent over the month of June to a seasonally adjusted annual rate
By Michael Neal Following two consecutive monthly increases, single-family starts fell by 9.1 percent over the month of June to a seasonally adjusted annual rate
By Michael Neal The Bureau of Labor Statistics (BLS) reported that, on a seasonally adjusted basis, headline consumer prices, grew over the month of June,
By Michael Neal The Federal Housing Finance Agency reported that mortgage rates on purchases of newly built homes rose by seven basis points over the
By Michael Neal Sales of new single-family homes rose by 6.7 percent in May to reach a seasonally adjusted annual rate of 689,000 according to
By Michael Neal As was widely expected, the Federal Open Markets Committee (FOMC), the monetary policy making arm of the Federal Reserve, raised the target
By Michael Neal The Bureau of Labor Statistics (BLS) reported that consumer inflation rose by 0.2 percent in May, similar to its growth rate in
By Michael Neal The Federal Housing Finance Agency (FHFA) reported that mortgage rates on purchases of newly built homes continued to climb in April and
By Michael Neal The Bureau of Economic Analysis (BEA) reported that economic growth, measured by the annualized growth rate of real GDP, was revised to