Offerpad Sees Progress as Q2 Net Loss Lower Than Previous Quarters
Normally, a $20 million quarterly net loss wouldn’t be grist for positive spin, but Offerpad spun it that way, citing ...
Tag: Real Estate Economics
Report: Housing Market Avoids Post-Pandemic ‘Crash’ Despite Lingering Challenges
The housing market has gone through its share of changes in the past three years. While many reveled in the ...
Consumer Spending Data Provides Further Signs of Cooling Inflation
In the wake of the Federal Reserve ending its short-lived “pause” on rate hikes, the latest personal consumption expenditure (PCE) ...
Fed Provides Little Clarity After Raising Rates to 22-Year High
An unsurprising 25-basis-point rate hike announced by the Federal Reserve today–something that real estate economists urged against–is placing the housing ...
Consumer Confidence Continues to Grow in July
Consumer confidence increased again, from 109.7 in June to 117 in July, according to the latest data from The Conference ...
U.S. Inflation Falls to 3% in June Ahead of Critical Fed Decision
The downward trajectory of U.S. inflation has held firm as the latest Consumer Price Index (CPI) released this morning provided ...
Slowing Job Growth Muddles Rate Debate
A labor market that for months seemingly shrugged off the Federal Reserve’s heavy hand finally appears to be slowing, as ...
Some Fed Officials Were Willing to Raise Rates in June
While the Federal Reserve delivered a reprieve from its interest rate hike campaign last month, the decision didn’t come lightly, ...
Consumer Spending Sees Slight Increase in May
The latest personal consumption expenditure (PCE) index—the Fed's preferred inflation measurement—shows personal spending grew by 0.1% in May, marking the ...
Consumer Confidence Rises to Highest Level Since January 2022
Consumer confidence rose to 109.7 in June, up from 102.5 in May—the highest recorded reading since January 2022, according to ...
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