US home prices rose 1.5% year-over-year in June, up from a 1.2% gain in May.
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The Conference Board US Consumer Confidence Index Trends Lower in August
The Conference Board Consumer Confidence Index fell to 89.4 in August, down 0.8 points from a downwardly revised 90.2 in July.
US New-Home Purchase Mortgage Applications Decrease in July
New-home purchase mortgage applications fell 1.0% in July and 5.7% year-over-year, MBA reported.
US Existing-Home Sale Contract Cancellations Near Three-Year High in July
US home-sale contract cancellations rose to 14% in July, the highest share in nearly three years on a seasonally adjusted basis, Redfin reported.
State-Level Construction Employment Data for July
US construction employment rose by 22,000 jobs in July, with gains in 28 states, the BLS and NAHB reported.
US Imposes 50% Tariffs on Certain Canadian Products After Talks Fail
The US imposed 50% tariffs on about $20 billion of Canadian products after negotiations failed, with Canada planning retaliatory tariffs September 8.
Canadian Industrial Product and Raw Materials Price Indices for July
The Industrial Product Price Index rose 0.6% monthly in July, while the Raw Materials Price Index fell 2.2%.
US Housing Affordability Worsens in Q2 as Mortgage Rates and Home Prices Rise
US housing affordability worsened in Q2 as higher mortgage rates and home prices pushed the share of median-family income needed to 34%, NAHB reported.
The Conference Board US Leading Economic Index Ticks Up in July
The Conference Board Leading Economic Index rose 0.2% in July to 99.5, following a revised 0.1% decline in June.
Investment in Canadian Building Construction Slips in June
Canadian building construction investment fell 0.5% to CA$23.2 billion in June but was up 5.7% year-over-year.