Real Estate Weekly Report - Home inventory and new construction decline, however home sales beat expectations
Posted by Liza Alley on
Weekly Review
Newsletter - 12/27/2022
Week of December 19, 2022 in Review
The markets had plenty of news to feast on last week, including the latest data on consumer inflation, home sales and home construction. Here are the highlights:
- Consumer Inflation Headed in Right Direction
- Inventory of Existing Homes Declined for Fourth Consecutive Month
- New Home Sales Beat Expectations in November
- What the Home Construction Slowdown Means for Home Prices
- Home Builder Confidence Declined Every Month This Year
- Unemployment Claims Data Illustrates Difficulties for Job Seekers
- Third Quarter GDP Remains Positive
Consumer Inflation Headed in Right Direction
The Fed’s favorite measure of inflation, Personal Consumption Expenditures…
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