National
Economy Watch: Case-Shiller Reports Home Prices Rising Slowly
The latest S&P/Case-Shiller Home Price Indices, which were released by S&P Dow Jones Indices, show a continuing slowdown in U.S. home price increases.
TODAY’S DEALS: GoldOller Acquires 1,998-Unit Community in Indiana
One of the largest rental communities in the United States trades hands for $85 million; and a joint venture between Balfour Beatty and ApexOne buys a 152-unit boutique community in Lady Lake, Fla.
Economy Watch: Personal Income, Spending Inch Up in August
Personal income increased $47.3 billion, or 0.3 percent in August, according to the Bureau of Economic Analysis.
Economy Watch: GDP Bounces Back in Q2
Real U.S. gross domestic product increased at an annualized rate of 4.6 percent during the second quarter of 2014, according to the Bureau of Economic Analysis’ final estimate.
Economy Watch: New Home Sale Accelerate in August
Sales of new single-family houses in August were an annualized rate of 504,000 units, according to the Census Bureau and HUD.
Applicant Credit Risk Improving Alongside Increases in Rental Prices
A recent report by TransUnion has found that rental applicant credit risks improved by 0.8 percent between Q2 2013 and Q2 2014 despite increases in rent prices.
New-Home Sales Top 500,000 in August, Highest Level Since 2008, Says NAHB
Sales of newly built, single-family homes increased 18 percent in August to a seasonally adjusted annual rate of 504,000 units in August, the highest level in six years, according to newly released data by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau.
Economy Watch: Home Price Increases Continue to Slow
More evidence that the residential expansion this time isn’t a bubble: According to the Federal Housing Finance Agency, U.S. home prices were up 0.1 percent in July compared with June.
Economy Watch: Existing Home Sales Drop in August
The National Association of Realtors reported that U.S. existing home sales decreased 1.8 percent to an annualized rate of 5.05 million units in August, compared with 5.14 million in July.
Economy Watch: Unemployment Ticks Up in Nearly Half the States
The Bureau of Labor Statistics reported that 24 states and the District of Columbia suffered unemployment rate increases in August compared with July, while 15 states had decreases, and 11 experienced no change.