US Home Prices Hit All-Time Highs: 'Records Repeatedly Break' - eXp World Holdings (NASDAQ:EXPI), Orion Office REIT (NYSE:ONL)
US home prices reached a new peak in March 2024, with a 7.4% annual growth rate - the highest since October 2022.
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US home prices reached a new peak in March 2024, with a 7.4% annual growth rate - the highest since October 2022.
U.S. labor market misses April expectations, signaling slower economic growth and potential interest rate cuts. Stocks rise, Treasury yields fall.
Inflation spikes, exceeds expectations in March, derailing rate cut hopes. Core inflation also rises. Markets predict less than 2 cuts by year-end.
March FOMC minutes reveal growing uncertainty among Fed members about future monetary policy and concerns about rising inflation.
U.S. stock market gains due to strong economic growth and low inflation expectations. Dollar and treasury yields down, oil up, Tesla drops 12%.