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US-new-house-sales-2023-09-10-median-price

by Wolf Richter • Sep 13, 2023 • 0 Comments

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FRONT PAGE

After Large Up-Revisions, “Core” & “Core Services” PPI Inflation Not Benign at All. Whole Scenario Changed for the Worse

by Wolf Richter • Oct 11, 2024

Six-month core PPI: +3.4%. Six-month services PPI: +3.7%. Year-over-year, both also accelerated further. But energy prices plunged.

Beneath the Skin of CPI Inflation: “Core CPI” Accelerates for 3rd Month on Sharp Flip of Used Vehicle Prices, Sticky Services Inflation. Gasoline Plunged

by Wolf Richter • Oct 10, 2024

Surging homeowner insurance and other homeowner costs fuel OER CPI, which is now hotter than rent CPI.

Bond Market Smells a Rat: On Eve of CPI Inflation Data, 10-Year Treasury Yield Jumps to 4.08%, +43 bps since Monster Rate Cut

by Wolf Richter • Oct 9, 2024

Fed is seen as deprioritizing inflation fight, while a tsunami of supply heads for markets.

Florida Housing Market Buckles, Listing Prices Sag to 30-Month Low but Are Still Way Too High, Inventory Piles Up, Institutional Investors Turn into Net Sellers

by Wolf Richter • Oct 8, 2024

He who panics first, panics best. Mr. Holmes, with no offers in 9 months, missed that train and is chasing prices lower.

People Are Now on Buyers’ Strike Because Home Prices Are too High: Fannie Mae

by Wolf Richter • Oct 7, 2024

Optimism about dropping mortgage rates drove up the Home Purchase Sentiment Index, but the poll occurred just before mortgage rates exploded.

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