It was a big week for phones and homes. John Biggs has been reviewing the new Galaxy S6 Edge from Samsung, while the HTC One M9 recently went on sale in certain markets. And speaking of things that just went on sale, Indiegogo darling Canary recently went live in retail stores like Best Buy and Verizon Wireless, as well as on Amazon. Show More Summary
The market's response to Wednesday's economic data was somewhat perplexing at first blush. Despite a modest uptick in the core Consumer Price Index (excluding food & energy) and a long overdue surge in New Home Sales, Treasury bonds rallied and yields fell. Show More Summary
Please click here to see the edition of BuilderBytes for 3/26/15 on the Web. In this issue of the MetroIntelligence Economic Update, I covered the following indicators: New home sales rose to 7-year high in February CPI rebounded 0.2...Show More Summary
Home buyers are snapping up today's new construction with mortgage rates low and rents rising. Full analysis, plus access to mortgage rates which are now hitting near a 2-year best. Click for the complete post : New Home Sales Reach 7-Year Best As Spring Housing Markets Get Underway.
``"February's advance estimate came with a margin of error of plus or minus 15.2 percentage points." 15.2%! Are you kidding me! Why are we even discussing this number? So annualizing the seasonally adjusted advance estimate launched the headline number into outer space, in an arc almost certain to crash back to earth in March and April.''
Here are two graphs I haven't posted for some time... As part of the new home sales report, the Census Bureau reported the number of homes sold by price and the average and median prices.From the Census Bureau: "The median sales price...Show More Summary
The new home sales report for February was above expectations at 539 thousand on a seasonally adjusted annual rate basis (SAAR). Also, sales for January were revised up (sales for November and December was revised slightly).Sales inShow More Summary
This is how ridiculous government data has become: in the same month in which both Housing Starts and Existing Home sales significantly missed expectations, misses which were promptly blamed on the weather, the Census Bureau momentsShow More Summary
Sales of new US homes have climbed to their fastest pace in seven years.
The Census Bureau reports New Home Sales in February were at a seasonally adjusted annual rate (SAAR) of 539 thousand. January sales were revised up from 481 thousand to 500 thousand, and December sales were revised down slightly from...Show More Summary
New home sales unexpectedly crushed expectations in February, rising 7.8% to an annualized pace of 539,000. Expectations were for sales to fall 3.5% in February after a 0.2% decline in January. With this decline, new home sales were expected to slow to an annualized pace of 464,000. Show More Summary
New U.S. single-family home sales surged in February to their highest level in seven years despite harsh winter weather, in a hopeful sign for the housing market. The Commerce Department said on Tuesday sales jumped 7.8 percent to a seasonally adjusted annual rate of 539,000 units, the highest level since February 2008. Show More Summary
By Rodrigo Campos NEW YORK (Reuters) - U.S. stock index futures edged higher on Tuesday ahead of a data deluge including measures on inflation, home prices and sales, and factory activity. Manufacturing activity in China dipped to an...Show More Summary
With oil and gasoline prices up a little in February compared to January, CPI will probably show a positive monthly change for the first time since October. The CPI might still be down year-over-year - or close to unchanged.As an example, WTI oil averaged $47.22 per barrel in January and increased to $50.58 in February. Show More Summary
With software sales for traditional game consoles and PCs projected to reach $35 billion this year, one analyst believes a new Apple TV with a dedicated App Store could have a noticeable impact on the company's bottom line.
The key economic reports this week are February new home sales on Tuesday, existing home sales on Monday, the Consumer Price Index on Tuesday, and the third estimate of Q4 GDP on Friday.Fed Chair Janet Yellen will speak on Monetary Policy on Friday. Show More Summary
Gamer Network, the lovely company which also operates this website, has begun selling tickets for EGX 2015. The event will once again take place over four days in September, now at its new home at the NEC in Birmingham. More than 80,000...Show More Summary
LivingHomes desgned the C6 series in collaboration with Make It Right foundation, which was founded by Brad Pitt and architect William McDonough in order to build 150 affordable homes in New Orleans after Hurricane Katrina. LivingHomes decided to use part
As a decline in property sales deepens, Evergrande, one of the country’s largest home builders, said it had secured about $16 billion in new credit lines.
One of Hillary Clinton's neighbors placed a sign near her home in Chappaqua, New York mocking the ongoing controversy over her emails. The sign declares there is a "Used Email Server" for sale at the Clinton home with a "Clean Hard Drive." Clinton...Show More Summary