Consumer prices were unchanged in November as energy price declines offset other increases, said NAFCU Research Assistant Doug Christman. For the 12-month period, overall consumer price index growth was 1.2 percent, up from 0.[...]
Existing-home sales rose to a seasonally adjusted 5.48 million units in August – the highest pace since February 2007 – as home buyers closed on deals ahead of rate increases, according to NAFCU Research Assistant Doug [...]
Total consumer installment credit grew an annualized 4.4 percent in July as consumers continued to take advantage of low vehicle- and education-loan interest rates, according to NAFCU Senior Economist Curt Long. However, the July [...]
New-home sales went up 8.3 percent in June, and the volume of sales was the highest since May of 2008. “Pent-up demand, historically low interest rates and a slowly improving labor market are contributing [...]
High affordability, low interest rates and pent-up demand were the drivers of May’s 4.2 percent growth in existing-home sales, NAFCU economists said. Data published by the National Association of Realtors shows existing-home sales [...]
