Author: BrianAnthony

Corporate Investors Swoop into Bartholomew County’s Housing Market

BrianAnthony

Corporate Investors Swoop into Bartholomew County’s Housing Market Real estate analysts say the recent influx of institutional investors in Bartholomew County’s housing market reflects a trend that has been playing out across the United States as an “unprecedented housing market” has fueled the companies’ appetite for single-family homes. Read More The Republic https://www.therepublic.com/2022/08/14/squeezed-out-corporate-investors-swoop-into-bartholomew-countys-housing-market/

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MetroIntelligence Economic Update by P. DUFFY

BrianAnthony

MetroIntelligence Economic Update by P. DUFFY August consumer sentiment index up 7.0 percent from July but down 21.6 percent year-on-year Consumer sentiment moved up very slightly in August to about 5 index points above the all-time low reached in June. All components of the expectations index improved this month, particularly among low and middle income consumers for whom inflation is particularly salient. The year-ahead economic outlook rose substantially to just above its average reading from the second quarter 2022, while the two other expectations index components remain at or below…

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Governor Hochul Announces Completion of $16 Million Affordable Housing Development in Monroe County

BrianAnthony

Governor Hochul Announces Completion of $16 Million Affordable Housing Development in Monroe County Wellington North Provides 50 New Affordable and Energy-Efficient Homes for Older Residents in the Town of Clarkson Read More Governor Kathy Hochul https://hcr.ny.gov/news/governor-hochul-announces-completion-16-million-affordable-housing-development-monroe-county

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Why Home Prices Can Stay High, Complicating the Fed’s Battle Against Inflation

BrianAnthony

Why Home Prices Can Stay High, Complicating the Fed’s Battle Against Inflation Sky-high housing prices still threaten to complicate the Federal Reserve’s inflation fight, even as America’s market for single-family homes shows signs of cooling in response to sharply higher interest rates. Read More Market Watch https://www.marketwatch.com/story/why-home-prices-can-stay-high-complicating-the-feds-battle-against-inflation-11660170245

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8/12/2022 – MetroIntelligence Economic Update by P. DUFFY

BrianAnthony

MetroIntelligence Economic Update by P. DUFFY Inflation tracker Producer Price Index fell 0.5 percent in July but up 9.8 percent year-on-year The Producer Price Index for final demand fell 0.5 percent in July, and rose 9.8 percent year-on-year. This decline followed advances of 1.0 percent in June and 0.8 percent in May. Prices for final demand less foods, energy, and trade services moved up 0.2 percent in July following a 0.3-percent rise in June. For the 12 months ended in July, the index for final demand less foods, energy, and…

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