U.S. Housing Remained Strong Amid Rising Mortgage Rates
​Existing home sales rose 3.3% to 5.69 million in January from 5.51 million in December (these sales were stronger than expected). Median total home resale prices were 7.1% above year-ago levels in January, which compares to December’s 4.5% year-over-year gain. The months’ supply of total existing homes for sale was unchanged at 3.6 months, which equals the record low for this series.
RDQ Economics provides global macroeconomic consulting services with an emphasis on U.S. economic fundamentals and monetary policy.
Our views are driven by consistent application of classical economic and monetary principles and has generated superior anticipation of changes in the stance of monetary policy and of movements in economic growth and inflation.
The founders of RDQ Economics, John Ryding and Conrad DeQuadros, have a combined experience of 26 years on Wall Street, 12 years of experience in central banking at the Federal Reserve and the Bank of England and nine years in the independent research space. John and Conrad have worked closely with fixed income, foreign exchange, and equity traders and portfolio managers, which has enabled their analysis and advice to be tailored to a clientele that is focused on trading and investment decisions.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.