Report

Data Round-Up: New Home Sales Stall But Price Appreciation Remains Solid; Regional Surveys Firming

posted by Michael Lewis on September 26, 2017

Found in US, categorized in Macro

Tags: FMI michael lewis home price consumer confidence

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Headline

With the notable exception of another lackluster new home sales result, today’s data were upbeat -- home prices rising briskly, consumer confidence high, and regional surveys, including post-Harvey Texas, doing quite well.

Abstract

FMI’s analyses of today’s August New Home Sales results, July S&P/Case-Shiller Home Price Index and September Conference Board Consumer Confidence Index as well as notes on today’s September Regional Fed Bank indices (Philadelphia non-manufacturing, Richmond manufacturing & services, Dallas services).

About Michael Lewis

Michael Lewis

Mike Lewis founded Free Market Inc. (FMI) in 1982 as a full-service economic consulting firm, providing insights and in-depth data analysis primarily for institutional money managers and corporate planning directors.

FMI has compiled a solid record of timely, independent and accurate economic forecasts.  FMI blends its unique analysis of indicators and experience with economic cycles into a consistent overall outlook. They offer both a comprehensive overview and in-depth detail that enable clients to integrate FMI’s insights into their decision-making process.

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