THE BASIS POINT

Home Prices up.

 

Durable Goods Orders (April 2014)

– New Orders month/month +0.8%. Previous was +3.6%

– Ex-transportation month/month +0.1%. Previous was +2.9%

FHFA House Price Index (March 2014)

– Month/Month change +0.7%. Previous was +0.5%.

This data is for homes purchased with FNMA or FHLMC loans.

S&P Case-Shiller HPI (March 2014)

– 20-city, seasonally adjusted, Month/Month +0.9%. Previous was +0.8%

– 20-city, not seasonally adjusted, Month/Month +0.2%.

– 20-city, not seasonally adjusted year/year  +12.4%. Previous was +12.9%.

A look inside the data shows significant regional disparities.  Year-on-year prices in Las Vegas were +21.1%.  Prices in the San Francisco Bay Area were +20.9%. Nationally, it appears that the pace of price increases is slowing.

 Consumer Confidence (May 2014)

– Consumer Confidence 83.0. Previous was 81.7.

The is The Conference Board’s data.

Richmond Federal Reserve Manufacturing Index

– level +7. Previous was 7.

Manufacturing in the South remains healthy.

Dallas Federal Reserve Manufacturing Survey  (May 2014)

– Business Activity Index  8.0. Previous was 11.7

– Production Index 11.0. Previous was 24.7.

Growth but not at the oversized pace of April.

 

 

READ OUR NEWSLETTER

YOUR COMPETITORS ALREADY DO

Comments [ 0 ]

WHAT DID WE MISS? COMMENT BELOW.

All comments reviewed before publishing.

x