U.S. consumer sentiment fell in early August to the lowest level in nearly a decade as Americans grew more concerned about the economy’s prospects. It was the lowest reading for the measure since 2011. A sudden drop of this magnitude is extremely rare for the index. ...
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Economic binge continues but consumer sentiment falls, impact on real estate
U.S. consumer sentiment fell sharply and unexpectedly in early July to the lowest level in five months. Consumers’ complaints about rising prices on homes, vehicles, and household durables reached an all time record. Just 30% of all consumers cited favorable home...
One number paints an ominous sign for real estate; will we level off or trend down?
The National Association of Realtors came out with their 2019 forecast saying: “the economy is "good." And noted that we have low unemployment, record high job openings, historically low jobless claims, job additions for eight straight years and wages beginning to...
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