Inflation Trending Lower
30 Second Market Update
June 19, 2023
The Bureau of Labor Statistics released its Consumer Price Index (CPI) report for the month of May, and it showed that overall inflation increased by 0.1%. While inflation did go […]
Should I Wait to Purchase a Home?
30 Second Market Update
June 12, 2023
There are at least five well-known sources of home price appreciation that are all showing a trend of increasing home prices. The Case Shiller Home Price Index, which is one […]
Acceleration in Home Price Appreciation
30 Second Market Update
June 05, 2023
The Case Shiller Home Price Index, which is one the industry’s best gauges of home price appreciation, showed that home prices rose 0.4% in the month of March. This is […]
Housing Still Active and Inventory Still Tight
30 Second Market Update
May 29, 2023
The U.S. Census Bureau and the Department of Housing and Urban Development released their New Residential Sales Report for the month of April. This report showed that signed contracts on […]
New Construction is Under Supplied but There is a Silver Lining
30 Second Market Update
May 22, 2023
The United States Census Bureau released its Residential Construction report for the month of April. This report showed that Housing Starts, or the breaking of ground, rose in April by […]
Inflation Continues To Cool
30 Second Market Update
May 15, 2023
The U.S. Bureau of Labor Statistics released its Consumer Price Index and it showed that overall inflation came in cooler than expectations of 0.4% at 0.37% for the month of […]
Pivotal Turn in the Housing Market
30 Second Market Update
May 08, 2023
It seems that home prices have reached an inflection point and are on the rise once again. Black Knight reported that home prices rose 0.5% in March. This followed a […]
Existing Home Sales Deeper Dive
30 Second Market Update
May 01, 2023
The National Association of Realtors released their Existing Home Sales report which measures closings on existing homes. It showed that the sale of homes across the nation was down 2.4% […]
Housing Inventory Tight, Demand Still High
30 Second Market Update
April 24, 2023
The National Association of Realtors Existing Home Sales Report, which measures closings on existing homes, showed that sales were down 2.4% in March at a 4.44 million unit annualized pace. […]
Inflation Trending Lower
30 Second Market Update
April 17, 2023
Last week the Bureau of Labor Statistics released their Consumer Price Index inflation data. It showed that, for the month of March, the Consumer Price Index (CPI) showed that overall […]
Home Prices Hanging in There, Demand Still Strong
30 Second Market Update
April 10, 2023
The National Case-Schiller Home Price Index, which is considered one of the most accurate gauges for home price appreciation, showed that home prices fell 0.5% in January on a non-seasonally […]
Pending Home Sales Stronger Despite the Media’s Take
30 Second Market Update
April 03, 2023
The National Association of Realtors released their Pending Home Sales report for the month of February, and it showed that signed contracts on existing homes increased by 0.8%. This marks […]
