Research Center
Economy Watch: New Home Sales Drop in June
Sales of new single-family houses nationwide came in at an annualized rate of 406,000 units, according to the Census Bureau. That’s 8.1 percent below the May rate of 442,000 units, and 11.5 percent lower than the rate in June 2013.
Economy Watch: Mortgages in Foreclosure Drop Steeply Since ’13
Black Night reported that the number of delinquent U.S. residential loans increased slightly in June compared with May, but is down 15 percent year- over-year.
Economy Watch: Existing Home Sales Up in June
The National Association of Realtors reported that total existing-home sales rose in June by 2.6 percent month-over-month to an annualized rate of 5.04 million units, compared with 4.91 units million in May.
‘Economy Watch’ Podcast with Dees Stribling: Economy Seems Better
Economy seems better, but housing’s still a drag.
Economy Watch: Chicago Fed Says Economy Still Growing
The Chicago Fed National Activity Index edged down to +0.12 in June from +0.16 in May, according to the Chicago Fed.
Economy Watch: Consumer Sentiment Up in June
Despite outbreaks of international brouhaha, American consumers were a little more optimistic in June than in May, though not quite as much as economists had expected.
Climbing Employment in Atlanta Drives Rental Demand and Multifamily Construction
The upswing in Atlanta economy continues as employers create more and more jobs, indirectly fueling the residential market.
Economy Watch: Housing Starts Slid in June
U.S. housing starts in June came in at an annualized rate of 893,000 units, according to the Census Bureau on Thursday.
Economy Watch: Beige Book Says Economy Still Growing
According to the latest Beige Book, which was released by the Federal Reserve, all 12 Federal Reserve Districts reported expanding economic activity.
Economy Watch: Retail Sales Up Modestly in June
Retail sales were up 0.2 percent in June compared with May, according to the Census Bureau, adjusted for seasonal variation and holiday and trading-day differences, but not for price changes. Total sales for the month came in at $439.9 billion, up 4.3 percent from June 2013.