by The Mark Klein Team | Sep 26, 2019 | Market Outlook
Case-Shiller’s National Home Price Index reported U.S. home prices grew by 3.20 percent year-over-year in July; as compared to year-over-year home price growth 0f 3.00 percent posted in June. Cities with the highest rates of year-over-year home price growth were...
by The Mark Klein Team | Aug 28, 2019 | Market Outlook
Home price growth continued to slow in June according to Case-Shiller’s 20-City Home Price Index. 17 cities reported higher home prices in June, but three cities reported lower home prices month-to-month. Seattle, Washington was the only city to report lower...
by The Mark Klein Team | Aug 1, 2019 | Market Outlook
Home price growth slowed again in May according to Case-Shiller home price indices. Home price growth slowed for the 14th consecutive month to its lowest rate in 12 years. Case-Shiller’s National Home Price Index showed 3.40 percent growth year-over-year in May...
by The Mark Klein Team | Feb 26, 2018 | Market Outlook
Last week’s economic releases included minutes from the most recent FOMC meeting, a report on January sales of pre-owned homes and weekly readings on mortgage rates and new jobless claims. FOMC Minutes: Economic Strength Hints at More Rate Hikes Minutes of the...
by The Mark Klein Team | Feb 12, 2018 | Market Outlook
Jerome “Jay” Powell was sworn in as Chair of the Federal Reserve amidst wild fluctuations in U.S. stock markets. Analysts attributed sliding stock prices to fears over inflation. Mr. Powell, who follows former Fed Chair Janet Yellen, introduced himself via...
by The Mark Klein Team | Feb 5, 2018 | Market Outlook
Last week’s economic releases included readings on pending home sales, Case-Shiller Home Price Indices and construction spending. The Federal Open Market Committee of the Federal Reserve released its monthly statement and weekly readings on mortgage rates and...
