December sees all-time high for home prices across the country
Steady Increase in Home Values
The report shows a steady increase in home values, with the median price of existing single-family homes rising by 5.7% compared to the previous month.
Steady Increase in Home Values
The report shows a steady increase in home values, with the median price of existing single-family homes rising by 5.7% compared to the previous month.
## Challenging start for retail industry in 2022
In a positive turn of events for AMC Entertainment, the company’s shares have reached their longest winning streak since December. With exceptional momentum in the stock market, this serves as a significant boost to the entertainment giant.
The housing market in the United States showed signs of vibrancy as pending home sales surged by 8.3% in December 2021. This significant increase indicates a strong buyer demand and reflects the resiliency of the real estate sector amidst ongoing economic challenges.
*Despite a surge in overall global car sales during the final month of 2022, European carmakers experienced a significant decline in December, primarily driven by a noticeable slump in electric vehicle (EV) sales.*
Retail sales in December 2023 have exceeded expectations, leading to a strong end to the year in the retail industry.
The retail industry experienced an unexpected surge in sales during the key holiday season in December. According to recent reports, the sales growth surpassed initial expectations, showing a promising upturn for the sector at the end of a challenging year.
The December jobs report, released by the Bureau of Labor Statistics (BLS), painted a seemingly rosy picture of the U.S. economy. However, upon closer examination, there are several alarming details that the Biden administration seems reluctant to share. Here are five ugly details that highlight the true state of the job market:
Wholesale prices unexpectedly dipped by 0.1% in December, signaling a positive trend in inflation. The surprise decrease in prices comes as a relief to consumers who have been grappling with rising costs in recent months.
Despite the release of a higher-than-expected December inflation report, U.S. Treasury yields experienced a significant decline, leaving investors puzzled about the market’s reaction.