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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: biometricgngboy who wrote (12802)8/21/2003 8:59:56 AM
From: biometricgngboyRead Replies (1) | Respond to of 306849
 
Housing's last hurrah
Despite last month's rush to build, the headiest days of the housing market are near an end.

money.cnn.com

excerpt:

"NEW YORK (CNN/Money) - If you're being deafened by the sound of hammering and sawing in your neighborhood, as one or five or 20 new houses are built around you, you might think the U.S. housing boom is stronger than ever.

Well, it may be, but it's not going to last much longer.

Though the nation's housing market is unlikely to fall off a cliff, many economists believe it's probably at or near the peak that prices have been climbing for the past few years.
"



To: biometricgngboy who wrote (12802)8/21/2003 9:22:44 AM
From: Les HRespond to of 306849
 
Unemployment claims

dol.gov

In the week ending Aug. 16, the advance figure for seasonally adjusted initial claims was 386,000, a decrease of 17,000 from the previous week's revised figure of 403,000. The 4-week moving average was 394,250, a decrease of 1,250 from the previous week's revised average of 395,500.

The advance number of actual initial claims under state programs, unadjusted, totaled 307,937 in the week ending Aug. 16, a decrease of 39,850 from the previous week. There were 313,869 initial claims in the comparable week in 2002.