House prices rise for the first time in three months
UK house prices rose by 0.4% in May following a drop in April, with an annual growth rate of 1.6%. Consumer confidence attributed to increased wages and decreased inflation. [ more ]
Weekly Mortgage Rates Edge Down as the Fed Waits for Decisive Drop
Mortgage interest rates slightly lower this week due to meeting inflation data. Fed rate cut hopes dim, rates may remain stable until clearer economic trends. [ more ]
Inflation expectations are rising among Americans, CEOs, and consumers, potentially impacting behavior and reflecting a surge in gasoline prices. [ more ]
Is a Catastrophic Housing Meltdown Looming in 2024? Unveiling the Truth Behind Market Forecasts - Social Media Explorer
The housing market in 2024 is facing a mixture of stability and volatility, with rising interest rates and inflation as key challenges.
Factors shaping the housing market in 2024 include rising interest rates, inflation, potential housing recession, robust demand from millennials, and limited housing supply. [ more ]
Downtown San Jose visit activity soars, Oakland jumps, San Francisco nosedives
Visits to downtown San Jose and Oakland significantly increased, while San Francisco experienced a sharp decline in visitor activity over the past year. [ more ]
Why are California pay raises now bigger in the south?
Southern California wages rose at a 5% annual rate in 2023 Q4, the No. 2 hike among 15 markets.
The north-south gap in pay raises in California has shifted, with Southern California now experiencing higher wage increases than the Bay Area. [ more ]
Nearly one-in-five UK-listed companies have issued a profit warning in the last 12 months
The number of UK-listed companies issuing profit warnings in Q1 2024 decreased from the previous quarter, but first-time warnings reached their highest level since Q1 2022. [ more ]