- Tuesday, 21 November 2017
- News
Existing Home Sales increased to an annual rate of 5.48 million
Total existing-home sales which are completed transactions that include single-family homes, townhomes, condominiums and co-ops, increased 2.0 percent to a seasonally adjusted annual rate of 5.48 million in October from a downwardly revised 5.37 million in September. After last month's increase, sales are at their strongest pace since June (5.51 million), but still remain 0.9 percent below a year ago.
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- Friday, 17 November 2017
- News
US Housing Starts at the highest level this year
U.S. new-home construction rebounded in October to the fastest pace in a year, partly reflecting recovery efforts in the hurricane-stricken South, government figures showed Friday. A pickup in permit applications for one- family dwellings indicates building will remain firm in coming months. Residential starts rose 13.7% to a 1.29 mln annualized rate (est. 1.19 mln) after upwardly revised 1.14 mln pace in prior month. Single-family home starts rose 5.3%; multifamily jumped 36.8%.
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- Thursday, 16 November 2017
- News
US Unemployment Claims at a six-week high
U.S. filings for unemployment benefits rose to a six-week high, a move that may partly owe to volatility around the Veterans Day holiday, Labor Department figures showed Thursday. Jobless claims increased by 10k to 249k (est. 235k). Continuing claims fell by 44k to 1.86m in week ended Nov. 4, lowest since Dec. 1973 (data reported with one-week lag). Four-week average of initial claims, a less-volatile measure than the weekly figure, rose to 237,750 from the prior week’s 231,250.
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- Wednesday, 15 November 2017
- News
US CPI increased by 0.1%
The Consumer Price Index for All Urban Consumers (CPI-U) rose 0.1 percent in October on a seasonally adjusted basis, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index rose 2.0 percent. The index for all items less food and energy increased 0.2 percent in October. In addition to the shelter index, the indexes for medical care, used cars and trucks, tobacco, education, motor vehicle insurance, and personal care were among those that increased. The indexes for new vehicles, recreation, and apparel all declined.
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