Entries by Tian Liu

Economic Report 05.29.19

KEY MARKET INDICATORS as of May 29, 2019 April Housing Starts, Home Sales, Home Prices Interest rate on mortgages have fallen significantly since peaking in November at 4.87%. The 30-year conventional mortgage rate averaged 4.14% in April. The impact on home affordability is very large for homebuyers.  A homebuyer who could afford the monthly payment […]

Economic Report 04.29.19

KEY MARKET INDICATORS as of Apr 29, 2019 March Housing Starts, Home Sales, Home Prices The housing market data released in the past two weeks provided mostly positive news about the market going into the home selling season. Both existing home sales and new home sales suggest that potential homebuyers are back in the market, […]

Economic Report 04.16.19

KEY MARKET INDICATORS as of April 16, 2019 Slower Home Price Growth – Case-Shiller Edition The slowdown in the housing market in the second half of 2018 saw many potential buyers staying on the sidelines. The remaining buyers had a wide selection of homes to choose from and more leverage over sellers. As a result, […]

Weekly Economic Report 04.08.19

KEY MARKET INDICATORS as of Apr 08, 2019 March Job Market Report The U.S. job market rebounded in March after a disappointing February, adding 196,000 jobs. In the first quarter, job growth averaged 180,000 a month, which is well-below last year’s pace, but similar to the pace of job growth in 2016 and 2017.  The […]

Weekly Economic Report 04.02.19

KEY MARKET INDICATORS as of Apr 02, 2019 New Home Sales, Market Expectation of Fed Funds Rate New Home Sales: Sales of new single-family homes increased 4.9% to a seasonally adjusted annual rate of 667,000 in February, the highest level since last March. Compared to a year ago, new home sales were up 3.7% in […]

Weekly Economic Report 03.25.19

KEY MARKET INDICATORS as of Mar 25, 2019 Fed Policy, Existing Home Sales Fed Halts Rate Hikes: The Federal Reserve kept the policy rate unchanged at a range between 2.25 and 2.5% this week, and indicated that the rate will likely not change “for some time.” Concerns about the slowing U.S. economy and volatility in financial […]

Weekly Economic Report 03.19.19

KEY MARKET INDICATORS as of Mar 19, 2019 Job Openings and Labor Market Turnover, New Home Sales Job Market: The Job Openings and Labor Market turnover Survey shows a very tight labor market in January. The tighter labor market has created more opportunities for people looking for work. There were 7.6 million job openings in […]

Weekly Economic Report 03.11.19

KEY MARKET INDICATORS as of Mar 11, 2019 Job Market Report (Feb), Housing Starts (Jan) Job Market: The U.S. job market added just 20,000 jobs in February, its slowest pace since September 2017. However, the labor market continued to be tight, with the unemployment rate falling from 4% to 3.8%. Wage growth continued to accelerate […]

Weekly Economic Report 03.04.19

KEY MARKET INDICATORS as of Mar 04, 2019 GDP (Q4), Housing Starts, FHFA Home Price Index, Homeownership Rate GDP: Sequentially, GDP grew by 2.6% (annualized) in Q4. But the 3.1% y/y growth rate shows that the economy continued to grow faster than expected. Housing Starts: Homebuilders reduced the number of new homes started in December […]