Hi, MarketWatchers. Don’t miss these top stories. Rents fell in August for the first time since November 2021, but tenants are still struggling. Here’s why. Rents dropped from July to Read more
Tag: August
U.S. existing-home sales fall for the seventh straight month in August and the Fed is about to inflict ‘some pain’ with a 75-basis-point rate hike — here’s how to prepare your wallet and your portfolio
Hi, MarketWatchers. Don’t miss these top stories. Brace yourself: The Fed is about to inflict ‘some pain’ with a 75-basis-point rate hike. Here’s how to prepare your wallet and your Read more
U.S. existing-home sales fall for the seventh straight month in August
The numbers: U.S. existing-home sales fell 0.4% to a seasonally adjusted annual rate of 4.8 million in August, the National Association of Realtors said Wednesday. This is the seventh straight Read more
Home values fell in August, the largest monthly decline since 2011. Some cities see house prices drop by 3%.
Home values are edging down as buyers remain spooked by high mortgage rates, according to a new report. The typical value of a home in the U.S. fell 0.3% in Read more
U.S. housing starts rebound in August on new apartment construction
The numbers: Construction on new U.S. homes rose a seasonally adjusted 12.2% in August to 1.58 million, the Commerce Department said Tuesday. The rise in construction on homes reverses a Read more
German Producer Prices in August Posted Highest Increase on Record
By Maria Martinez Germany’s producer prices rose strongly in August from a year earlier, driven by higher energy prices, posting the biggest increase ever recorded, the German statistics office Destatis Read more
Japan’s consumer inflation climbs 3% in August
TOKYO — Japan’s overall consumer inflation rose 3% from a year earlier in August, exceeding the Bank of Japan’s 2% target for fifth straight months, government data showed Tuesday. The Read more
U.K. retail sales fall more than forecast in August as cost-of-living crisis hit spending
Retail sales in the U.K. declined in August as falling households’ real incomes due to high inflation weighed on consumer spending on goods. Retail sales volumes fell 1.6% on month Read more
U.S. stocks gain ground as investors await August inflation reading
U.S. stocks rose early Monday, on track for a fourth consecutive day of gains, as traders look ahead to inflation data later in the week. How are stocks trading The Read more
US consumer outlook improves in August as inflation expectations fall to 8-month low
The numbers: A survey of U.S. consumers saw sentiment rise in August as falling prices for gasoline helped bring expectations for inflation to their lowest level since December of last Read more