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Single-Family Home Construction Jumps 16% in August as Lower Rates Encourage Builders

Single-Family Home Construction Jumps 16% in August as Lower Rates Encourage Builders

2024-09-27

Construction of new single-family homes rebounded in August, in a welcomed sign for prospective homebuyers seeking more options in a tight housing market.

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The Fed surprised many investors with a jumbo rate cut this week. It won’t get much easier to predict the next move

The Fed surprised many investors with a jumbo rate cut this week. It won’t get much easier to predict the next move

2024-09-27

Federal Reserve Chair Jerome Powell is known for providing clear signals about the central bank’s next interest rate move in order to avoid roiling markets. But Wall Street was mostly clueless this week when it came to predicting how big a rate cut the Fed would deliver on Wednesday.

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