Existing home sales increased 2% in July as mortgage rates retreated and home price growth slowed, according to the National Association of Realtors’ Existing Home Sales Report. Month-over-month sales increased in the Northeast, South and West, while they decreased in …
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The Pittsburgh Paints Company (PPC) notified customers that it will implement price increases of 5.8% on its products beginning August 15, citing rising production and distribution costs. Additional higher increases on a smaller group of products were also announced, but …
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The Federal Reserve kept its rates unchanged as it waits for information on how tariffs and other economic disruptions will affect the economy. The Fed still expects to cut rates twice this year, as growth slows and unemployment increases. In …
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The total home improvement market is projected to grow 3.4% in 2025, a reduction from the 5% growth projected in the Home Improvement Research Institute’s (HIRI) June outlook. HIRI announced findings from its latest U.S. Size of the Home Improvement …
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The Conference Board released its March Consumer Confidence Survey, which reports consumer attitude, buying intentions, vacation plans and expectations for inflation, stock prices and interest rates. The Conference Board Consumer Confidence Index fell 7.2 points in March to 92.9. The …
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Existing home sales rose 4.2% in February according to data from the National Association of Realtors (NAR). For both monthly and year-over-year (YoY) sales, two major U.S. regions experienced growth, one region remained stable and two others noted a decline. …
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Mortgage rates have been climbing since mid-December, with an average 30-year fixed-rate mortgage reaching 6.96% in January, before easing after the bond market stabilized following President Donald Trump’s postponement of tariffs until Feb. 1, the National Association of Home Builders …
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The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.4% on a seasonally adjusted basis in December, after rising 0.3% in November, according to the U.S. Bureau of Labor Statistics. The all items index rose 2.9% for the 12 …
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