• November 29, 2017
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The U.S. economy’s pace of growth in the third quarter was raised to 3.3% from 3% under the government’s latest revision to gross domestic product. How good is that? It’s the fastest spurt of U.S. growth in three years. More good news: Adjusted pretax corporate profits rose 4.3% to an annualized $2.22 trillion, marking the

• December 1, 2017
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• realestate

Washington, D.C. – The Federal Housing Finance Agency (FHFA) today announced the maximum conforming loan limits for mortgages to be acquired by Fannie Mae and Freddie Mac in 2018. In most of the U.S., the 2018 maximum conforming loan limit for one-unit properties will be $453,100, an increase from $424,100 in 2017. Fannie Mae and Freddie Mac

• November 28, 2017
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Consumer confidence surged yet again in November, with the index jumping to 129.5 from 125.9 in October, the Conference Board said Tuesday. That’s the highest reading since November 2000 and easily exceeded the 124.8 forecast of economists polled had forecast a reading of 124.8.

• November 28, 2017
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The S&P/Case-Shiller national index rose a seasonally adjusted 0.7% during the three-month period ending in September, and was up 6.2% compared to the same period a year ago. The 20-city index rose a seasonally adjusted 0.5% for the month and 6.2% for the year.

• November 27, 2017
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• realestate

New-home sales surged to a decade high in October, running at a 685,000 seasonally adjusted annual rate that was 6.2% higher than a downwardly-revised September pace.

• November 22, 2017
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• realestate

Stocks opened little changed Wednesday, a day after all three major indexes closed at records, as investors awaited minutes of the Federal Reserve’s November meeting and digested the latest round of economic data. Trade was expected to be thin ahead of the Thanksgiving Day holiday on Thursday and an abbreviated market session on Friday.

• November 22, 2017
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• realestate

Initial jobless claims, a tool to measure U.S. layoffs, fell by 13,000 to 239,000 in the week ended Nov. 18. That’s below the 240,000 estimate of economists polled. The more stable monthly average of claims rose 1,250 to 239,750, the government said Wednesday. The number of people already collecting unemployment benefits, known as continuing claims,

• November 22, 2017
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• realestate

Durable-goods orders fell 1.2% in October, well below the forecast of a 0.7% gain. Excluding transportation orders increased 0.4%. Business investment dipped 0.5% based on a closely followed measure known as core capital goods orders. These orders have climbed a healthy 8.1% in the past year, however, suggesting the recent decline is temporary. Durable-goods shipments

• November 21, 2017
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• realestate

Existing-home sales ran at a 5.48 million annual rate in October, the best monthly rate since June, the National Association of Realtors said Tuesday. Economists surveyed had forecast a 5.45 million pace. September’s pace, originally reported as 5.39 million, was revised down to 5.37 million. The median sales price was $247,000, and October marked the

• November 17, 2017
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• realestate

The Commerce Department on Friday said October housing starts surged, rising 13.7% to a seasonally adjusted annual rate of 1.29 million. September estimate was revised to 1.135 million. Economists polled expected a 1.2 million rate. Building permits, a less volatile series, rose 5.9% to 1.3 million.