In the hopes of limiting the further spread of the COVID-19 virus, the City of Berkley, along with the surrounding […]
News in end use
Mortgage Applications Decline in Week Ending March 27th 2020
According to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Application Survey, for the week ending March 27th 2020, the […]
COVID-19 Pandemic is Changing How Houses are Bought and Sold
The sale of real estate property was already in the process of evolving when the COVID-19 pandemic struck. Making both […]
Consumer Confidence Drops in March as COVID-19 Cases Increase
The Conference Board has reported that its consumer confidence index dropped from 132.6 in February to 120 in March. As […]
Consumer Confidence in Canada Drops to Great Recession Lows
The Bloomberg Nanos Canadian Confidence Index, declined sharply for a second straight week, sinking to the lowest level since the […]
Home Price Increases Were Strong in January
According to the S&P CoreLogic Case-Shiller Indices, home prices rose nationally 3.9% annually, which is up from December’s 3.7% rise. […]
Nonfarm Payroll Employment Grows in February
The U.S. Bureau of Labor Statistics (BLS) is reporting that in February, nonfarm payroll employment increased in 38 states and […]
Pending Home Sales Increase 2.4% in February
The National Association of Realtors® (NAR) has reported Pending Homes Sales Index (PHSI) rose 2.4% to 111.5 in February. Year-over-Year […]
Gross Domestic Product Increases in the Fourth Quarter
According to the latest (third) estimate released by the U.S. Department of Commerce, Bureau of Economic Analysis (BEA) real gross […]
Personal Income and Outlays Increase in February
According to the Bureau of Economic Analysis (BEA) Personal Income (PI) increased $106.8 billion (0.6%) in February Disposable Personal Income […]