"It's gonna be a bright sun-shiny day." (Johnny Nash) The sun was shining on new home sales in May, as they reached their highest level since November.
Sales of new homes rose 6.7 percent... » Read More
"There's something happening here, and what it is ain't exactly clear." (Buffalo Springfield) Sales of existing homes fell for the second straight month in May, with low inventory being a clear reason why.
May... » Read More
Did you know...
Thursday, June 21 marks the summer solstice in the Northern Hemisphere, the first day of summer and the longest day of the year.
On June 21, at the equator, there will be... » Read More
"Rise up." (Lin-Manuel Miranda) Recent tax cuts and a strong labor market helped retail sales rise in May.
The Commerce Department reported that retail sales jumped 0.8 percent from April to May, well above... » Read More
"Seems there ain't no end in sight." (Garth Brooks) Home price gains continued in April, with low inventory across much of the country remaining a key culprit.
Research firm CoreLogic reported that home prices,... » Read More
"I put that work in, day in, day out." (Kelly Clarkson) More people were putting work in, as job growth beat estimates in May.
The Bureau of Labor Statistics reported that Non-Farm Payrolls rose... » Read More