Category: Real Estate

• August 2, 2017
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• realestatelife

Private sector hiring stayed strong in July as employers added 178,000 jobs ADP reported Wednesday. Economist had forecast a July gain of 173,000 jobs compared with an original reported increase of 158,000 in June. On Wednesday, ADP revised June’s gain to 191,000.

• August 1, 2017
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• realestatelife

ISM index falls slightly to 56.3% but remains near 3-year high. American manufacturers tapped on the brakes lightly in July but were still expanding near the fastest pace in three years, a good sign for the broader U.S. economy.

• July 29, 2022
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• realestatelife

The Federal Reserve’s preferred inflation gauge accelerated more than expected in June, according to new data released on Friday, a worrisome sign as central bankers try to combat higher prices with the steepest interest rate hikes in decades. The personal consumption expenditures index showed that core prices, which strips out the more volatile measurements of

• July 5, 2017
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• realestatelife

Nationally, prices rose 6.6% compared to a year ago, according to a home price index released Wednesday from data provider Core Logic. Prices rose 1.2% from April to May, the company also said. While that’s helping current owners, “for renters and potential first-time home buyers, it is not such a pretty picture

• July 28, 2022
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• realestatelife

The U.S. economy shrank in the spring for the second consecutive quarter, meeting the criteria for a so-called technical recession as raging inflation and higher interest rates forced consumers and businesses to pull back on spending. Gross domestic product, the broadest measure of goods and services produced across the economy, shrank by 0.9% on an

• July 5, 2017
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• realestatelife

The Federal Reserve could trigger a long-awaited move to reduce its massive $4.5 trillion in debt holdings by September, a summary of the central bank’s last meeting suggest.