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Latest New Home Sales (July 2014)

New home sales were a downer in July because buyers of newly constructed homes are not showing up just when homebuilders have started to ramp up production. Newly constructed single-family home sales fell 3 percent from the prior month....

Feeling Blue with Record High Wealth

The net worth of all households reached a record high early this year, according to the Federal Reserve.  Measuring everything we own minus everything we owe, the net worth reached $81.7 trillion.  That’s on average of $259,000 per person...

Personal Income: Latest Data Shows Continued Increase

Personal income in the U.S. continues to increase, which assures consumer spending will contribute to economic growth in the upcoming months.  Income from wages is rising steadily.  Rent income is shooting high.  Farmer income is falling in line with...

The Latest Retail Sales

Consumer spending at retail shops is growing less robustly now than before.  Retail sales in July were up 3.7 percent from one year ago, and marked a deceleration from the 5-to-7 percent growth experienced in recent past years during...

Latest Commercial Property Prices: July 2014

• There is an all-time high in commercial property prices, according to Green Street Advisors. The price index in July was unchanged from the record-high set in June. It is up 6.0 percent from one year ago and up...