Home-price growth has slowed for the fourth month in a row, as the housing market continues to cool amid high mortgage rates, according to one measure. Compared to July, home Read more
Tag: July
U.S. home prices fell in July, as mortgage rates approach 7%
The numbers: The S&P CoreLogic Case-Shiller 20-city house price index rise slowed to 16.1% year-over-year in July, a lower rise than the 18.7% jump in the previous month. In the Read more
U.S. business inventories matched forecast rise in July
U.S. business inventories matched forecast rise in July
U.S. trade deficit in goods sinks 9.7% in July, inventories rise
WASHINGTON (MarketWatch) – An early look at U.S. trade patterns in July showed a 9.7% decline in the nation’s trade deficit. The trade gap in goods – services are excluded Read more
U.S. pending home sales slip again in July as market cools, but mortgage rates show signs of stabilizing
The numbers: U.S. pending-home sales fell in July by 1% , according to the monthly index released Wednesday by the National Association of Realtors. Analysts polled by the Wall Street Read more
U.S. new-home sales fell sharply in July to lowest level since January 2016
U.S. new-home sales fell sharply in July to lowest level since January 2016
Dow snaps 5-day win streak following release of July Fed minutes
U.S. stocks closed lower on Wednesday as the Dow Jones Industrial Average snapped a five-day wining streak following the release of minutes from the Federal Reserve’s July meeting. The Dow Read more
U.K. consumer prices surge by 10.1% in July to highest since early 1980s
It’s not peak inflation in the U.K. U.K. annual consumer prices surged 10.1% in July to the highest level since the 1980s amid soaring food costs, the Office for National Read more
U.K. consumer prices surge by 10.1% in July to highest since early 1980s
U.K. annual consumer prices surged 10.1% in July to the highest level since the 1980s amid soaring food costs, the Office for National Statistics reported Wednesday. The jump follows an Read more
U.S. industrial output up sharply in July
The numbers: U.S. industrial production rose 0.6% in July, the Federal Reserve reported Tuesday. The gain was above Wall Street expectations of a 0.3% increase, according to a survey by Read more