Breitbart Business Digest: Home Sales and Capital Goods Add to Evidence of January Boom
We’re still awash in data showing January was a month of unexpectedly strong growth and resurgent inflation.

We’re still awash in data showing January was a month of unexpectedly strong growth and resurgent inflation.
The housing market has been weird for almost a year and now it appears to be on the verge of flipping that weirdness upside down.
Luxury home sales took a significant plunge recently as the nation grapples with economic problems.
Everything is so expensive no one can afford to buy anything anymore.
Rising rents, rising home prices, and rising mortgage rates sparked a “buy now” rush of home purchases in October.
Sales of previously occupied homes in the United States rose in January to a seasonally adjusted, annualized rate of 6.69 million units.
A squeeze in the housing market as buyers seek homes and homeowners hold on despite skyrocketing price gains.
Signings of contracts to purchase homes are up by more than 24% compared with a year ago.
Existing-home sales grew at a record pace in June, a huge rebound after three straight months of sales declines caused by the ongoing pandemic.
The lockdowns and pandemic hurt home sales even worse than expected in May.
The weakest spot in the U.S. economy looks even weaker.
Down 12 percent compared with last year. All U.S. regions report declines.
President Trump thinks interest rates have been rising too quickly. Would-be home buyers seem to agree.
New home sales indicate that housing will continue to contribute to the economy for several months.