US February Home Rates 6.02m vs 6.10m Expected

  • Previously 6.50m (upgraded to 6.49m)
  • Sales -7.2% before + 6.6%
  • Items in 1.7 months
  • Prices range from + 15.0% y / y to $ 357.3 thousand
  • Full report

The issue in the US is inventories; They are very strict. I have mentioned American houses before, but here and there I repeat the American house price Inflation

Inflation

Inflation is a measure of the rate at which the average price of goods and services in an economy or country increases over a period of time. Inflation is a general condition in which a given currency buys a lower value than it did in the past. Inflation comes as a whole. This currency is measured by the total exchange rate of a particular currency, such as the US dollar. However, the increase in funding does not necessarily mean inflation. Leading to inflation is the rapid increase in the supply of raw materials (measured by GDP). In this way, this creates a pressure of demand on a supply that does not increase at the same speed. Consumer Price Index Next: How does inflation affect Forex? Inflation has a direct effect on the exchange rate between two currencies at different levels. Country as a whole. By doing so, it will be able to identify the country’s most expensive living costs. Extremely high inflation raises interest rates, which in turn affects foreign exchange rates. In contrast, inflation pushes very low (or inflation) interest rates, which in turn affects the exchange rate in the fork market.

Inflation is a measure of the rate at which the average price of goods and services in an economy or country increases over a period of time. Inflation is a general condition in which a given currency buys a lower value than it did in the past. Inflation comes as a whole. This currency is measured by the total exchange rate of a particular currency, such as the US dollar. However, the increase in funding does not necessarily mean inflation. Leading to inflation is the rapid increase in the supply of raw materials (measured by GDP). In this way, this creates a pressure of demand on a supply that does not increase at the same speed. Consumer Price Index Next: How does inflation affect Forex? Inflation has a direct effect on the exchange rate between two currencies at different levels. Country as a whole. By doing so, it will be able to identify the country’s most expensive living costs. Extremely high inflation raises interest rates, which in turn affects foreign exchange rates. In contrast, inflation pushes very low (or inflation) interest rates, which in turn affects the exchange rate in the fork market.
Read this article Looks like it will continue for a long time.

From CBC

According to Fred Mack, the 30-year fixed interest rate has risen by an average of 4.16% this week, up 3.85% from a week ago and 3.09% a year ago. Rates rose 4.50% (from 22 bps W / W) after a sharp decline in bond markets on a daily basis. Despite high monthly payments, According to the latest data from Redfin, home prices have shown the biggest four-week jump in five years, up 7% M / M.. Last week, Redfin ‘home buying demand was 10% higher than a year ago (1.6% W / W). Refers to real estate broker information Active details decreased by 23% Y / Y (And 50% less than 2020) Still low, average home sales over the last four weeks have increased by 17% Y / Y to a record $ 376K (36% higher than two years ago).

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