Tightening labor market conditions are another sign of an improved economy. Labor market confidence could help the Fed decide to raise policy rates in June. |
The dollar continues to improve against overseas currency like the yen and euro. Nearing 12-year highs, the strong dollar is good for interest rates. |
Wholesalers report more inventory and decreased sales for January. Blamed by economists on the plunge in oil prices, the changes are good for interest rates. |
The number of new homes being built suggests that housing growth continues. The type of homes built points to interest in home ownership by first-time buyers. |
Millennials accounted for 32% of all home purchases in 2014. With a median age of 29 and income of $76,900 they were also the largest percentage of buyers. |
The housing market continues to rebound. Foreclosure inventory decreased 33.2% and completed foreclosures dropped 22.5% year-over-year in January. |
No comments:
Post a Comment