Profile image
By The Basis Point
Contributor profile | More stories
Story Views

Last Hour:
Last 24 Hours:

Housing Less Affordable.

Tuesday, October 25, 2016 7:47
% of readers think this story is Fact. Add your two cents.

Redbook Chain Store Sales (week ended 10/22/2016)

– Store Sales year/year +0.3%. Previous was +1.0%

FHFA House Price Index (August 2016)

– month/month change +0.7%. Previous was +0.5%
– year/year change +6.4%. Previous was +5.9%

S&P Corelogic Case-Shiller HPI (August 2016)

– 20-city, seasonally adjusted month/month +0.2%. Previous was +0.0%
– 20-city, not seasonally adjusted month/month +0.4%. Previous was +0.6%
– 20-city, not seasonally adjusted year/year +5.1%. Previous was +5.0%

Prices are not increasing everywhere. The data here reflects what was in my newsletter about how urban planning has driven up prices in areas which have considerable restrictions on
building with the San Francisco Bay Area leading the way.

Consumer Confidence (October 2016)

– Consumer Confidence 98.6. Previous was 103.5

This is the metric from the Conference Board. This is supposed to forecast consumer spending in the next 3-6 months.

Richmond Federal Reserve Manufacturing Index (October 2016)

– Level -4. Previous was -8


We encourage you to Share our Reports, Analyses, Breaking News and Videos. Simply Click your Favorite Social Media Button and Share.

Report abuse


Your Comments
Question Razz Sad Evil Exclaim Smile Redface Biggrin Surprised Eek Confused Cool LOL Mad Twisted Rolleyes Wink Idea Arrow Neutral Cry Mr. Green

Top Stories
Recent Stories



Top Global


Top Alternative




Email this story
Email this story

If you really want to ban this commenter, please write down the reason:

If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.