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New York Home Prices Increased in 2023

OneKey MLS, which covers the southern counties of New York (the NYC metro area, Long Island, and Hudson Valley), has released its latest market report for the region.  The report tracks both month-to-month (November to December 2023) and year-to-year (2022 to 2023) changes. For the latter, sale prices increased by 2.10%, rising from $ 590,000 […]

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Mountain-West Region Sees Increased Home Equity 

The region had been growing for decades but the pandemic appears to have accelerated that trend. www.nar.realtor – Vacation, Resort, and Second Homes

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Trade Deficit Increased to $71.2 Billion in May

From the Department of Commerce reported : The U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced today that the goods and services deficit was $ 71.2 billion in May, up $ 2.2 billion from $ 69.1 billion in April, revised. May exports were $ 206.0 billion, $ 1.3 billion more than April […]

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Cleveland Fed: Key Measures Show Inflation Increased in May

The Cleveland Fed released the median CPI and the trimmed-mean CPI this morning: According to the Federal Reserve Bank of Cleveland, the median Consumer Price Index rose 0.3% May. The 16% trimmed-mean Consumer Price Index rose 0.4% in May. “The median CPI and 16% trimmed-mean CPI are measures of core inflation calculated by the Federal […]

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Borrowers are Exiting Forbearance at an Increased Rate

For the moment at least, the number of loans in forbearance are heading downhill and picking up speed. Black Knight says the number of active plans declined by 135,000 over the past month (-5 percent), 19,000 (-0.7 percent) occurred in the last week alone. As of March 23, there were 2.57 million loans remaining in […]

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Housing Market Update: Home Prices Increased a Record 17%, Pending Sales Up 19% From a Year Earlier

The average sale-to-list price ratio passed 100% for the first time as home prices surge….(read more) Forward this article via email:  Send a copy of this story to someone you know that may want to read it. Around The Web

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Chicago Fed National Activity “Index Suggests Economic Growth Increased in October”

Note: This is a composite index of other data. From the Chicago Fed: Index Suggests Economic Growth Increased in October Led by improvements in production-related indicators, the Chicago Fed National Activity Index (CFNAI) increased to +0.83 in October from +0.32 in September. Three of the four broad categories of indicators used to construct the index […]

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New Claims for State Unemployment Benefits Increased Last Week

Unadjusted new jobless claims totaled 857,148 in the week ending September 5, an increase of 20,140 (2.4%) from the previous week. www.nar.realtor – Research

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