Author Archive

Latest Consumer Price Inflation (February 2016)

The overall consumer inflation was virtually unchanged in February but some components are picking up steam thereby raising the prospect of a higher inflation and higher interest rates next year. Specifically, the overall consumer price index fell by 0.2...

Latest GDP (4th Quarter 2015)

Economic growth was feeble in the final quarter of 2015, rising only 0.7 percent. One bright spot, however, was the housing sector, which through new home construction and rising home sales drove housing investment to rise by 8.2 percent....

Latest New Home Sales (December 2015)

Home sales of newly constructed homes rose solidly in December. The latest tally is the second highest monthly sales pace in nearly eight years. The annual total is the best in nearly a decade. The gain also affirms the...

Housing Starts: Spring May Bring Tight Supply Conditions

Here is a look at the latest housing starts for November 2015. New home construction rose significantly in the latest month and is on track for most activity since 2007. Still, significantly more construction is needed to relieve the...

Latest Consumer Price Inflation (November 2015)

There was a slight uptick in the broad consumer inflation measure in November. More interesting is the housing components, which continue to show high figures. Housing shortage still persists and this condition will jack-up the broad inflation rate in...