The US existing homes sales rate rose in August 2011 by 7.7%; this news comes despite the ongoing tight credit problems in the US and the slowdown in housing starts fell in August. According to the recent report of the…
Tag: S&P500 index
Philly Fed still weak but better than in August – September
According to the recent release of the Philly Fed Manufacturing Index the index still showed weakness in manufacturing conditions, but slightly improved compared with the previous month’s report; the September index inclined from -30.7 in August to -17.5 in September.…
US existing home sales fell in July 2011
The US existing homes sales rate fell in July 2011 by 3.5%; this news serves as a good indicator of the economic slowdown in the US housing market. According to the recent report of Realtors, the number of US existing…