Page 14 - Housing Data News Today

Now, again 17,000. what is it that wall street likes about this report and that 17,000 fig yaur. >> it does mean new highs it does mean that wall street is accepting good news as good news. the yield on the 10-year freshly notes at about 2.7%, which is up notably over the last several weeks, based on stronger housing data, car data and now employment data a were getting more towards normal economic growth at this point in the cycle. it may put more pressure on the federal reserve down the road t...

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Continuing claims also remaining high, above 3.7 million with the news suggesting the labor markets are not able to find solid ground with unemployment coming in at 9.1 percent last month. adding to those troubles, new housing data, the commerce thinks that single family housing sales fell for the first time in three months to a seasonally-adjusted 319,000 confirming we are, in fact, in a double dip in the housing market. there was in buyer in many markets today including the oil markets which s...