the US CPI was 3.1% year-on-year, and the forecast was 2.9%, compared to the previous value of 3.4%. Service sector inflation and housing costs are the main reasons why the CPI growth rate is higher than expected. CPI shelter items are 0.6% month-...
According to NAHB, the boost in builder confidence is mainly due to a temporary tax credit that the government created last year for first-time home buyers. NAHB finds tax credit has positively impacted Housing Market Index The awards will be presented at a gala dinner during the NAHB National...
For most of the 21st century, housing and real estate have been leading economic indicators. There are several metrics used to measure housing growth including theS&P/Case-Shiller Index, which measures house sale prices, and theNAHB/Wells Fargo Housing Market Index, which is a survey of home b...
Market sources generally said that the main reason for the higher than expected PPI growth rate in the US in February was the rise in fuel and food prices, which further indicates that inflation is still increasing. The data shows that the path of Federal Reserve policymakers seeking greater pr...
We're recording this Wednesday, September 18th. We got an update to the US housing market index yesterday. For those that don't follow housing number super closely, what does the housing market index measure? Anthony Schiavone : The housing market index, it's an index designed by the ...
“The strength of the RMI, especially in owner-occupied properties, shows that home owners are investing in remodels as home prices stabilize,” said NAHB Remodelers Chairman George Moore Jr., a remodeler from Elm Grove, La. “As owners become more confident that investments in housing will ...
The real estate market can be heavily dependent on the economy. Rising home starts can indicate a strong market, whereas declining home closings mean the housing market is weak. How Real Estate Works Real estate affects the U.S. economy because it's a critical driver of economic growth. For...
NAHB: multifamily stock index continues to climb MFSI has been involved in the development of automated DNA-based pathogen detection for over a decade. US BioWatch program seeks new technologies In updating its network, MFSI's goal was to build IT systems that would allow the company, which...