Economy Watch: CoreLogic Says Home Prices Up
Home prices nationwide increased on a year-over-year basis by 2.5 percent in June 2012 compared with the same month last year, including distressed sales, according to CoreLogic on Tuesday.
'Economy Watch' Podcast with Dees Stribling: Jobs in July
All in all, things could have been worse—at least there was job creation in July.
Economy Watch: Employment Growth Up, But Economy Still Spinning Its Wheels
Though the report turned out better than expected, July’s employment numbers still count as mediocre.
Economy Watch: Demand for Prime Mortgages Up
The Federal Reserve released its July “Senior Loan Officer Opinion Survey on Bank Lending Practices” on Monday, offering the conclusion that “modest fractions of domestic banks, on balance, continued to report having eased their lending standards across most loan types over the past three months.”
Economy Watch: U.S. Sees July Rise in Job Creation
The U.S. economy created 163,000 jobs in July, according to the Bureau of Labor Statistics on Friday.
Economy Watch: Fed Holds Off on Stimulus for Now
Will the Fed try to stimulate the economy more or not? Is QE3 in the immediate future? The answer to those questions at the end of the latest meeting of the Federal Open Market Committee on Wednesday was “not yet.”
Economy Watch: Case-Shiller Sees Another Monthly Uptick
The S&P/Case-Shiller monthly Home Price Indices for May (three-month averages of March, April and May), which were released on Tuesday, showed month-over-month increases for both the 10- and 20-city composites. In fact, both were up 2.2 percent.
Economy Watch: Apartment Market Has Big Momentum
The National Multi Housing Council reported more good news for apartment landlords on Monday, since for the sixth quarter in a row, the apartment industry improved across all indexes in the NMHC’s Quarterly Survey of Apartment Market Conditions.
Economy Watch: Growth Trudges Along at 1.5 Percent
The U.S. economy expanded by a tepid 1.5 percent during the second quarter of 2012, according to Friday’s preliminary report by the Department of Commerce.