top of page
  • Leonard Brecken

New Homes Sales in Jan FALL

The National Association of Realtors released its January New Home Sales and not surprisingly they FELL short of Bloomberg expectations as long-term interest rates rose. They missed by 10% (593,000 vs 640,000) and even fell 8% vs prior months 643,000. The use of leverage in the global economy in past decades tied to low rates has left demand highly sensitive to interest rate changes as new home sales figures demonstrate. We caution what will occur to demand in housing if rates rise further.

17 views0 comments

Recent Posts

See All

Despite what GDP may say the mothers milk of an economy is the health of corporate earnings which in turn will determine such things as hiring, investment, wage levels etc which are inputs into GDP.

Recently we on boarded a new client and discovered when reviewing his business practices that the owner kept many of the processes to run his business in his head. That included routes in delivering h

Most small businesses books are done in such a way that aligns them to pay taxes not measure or improve profits. The key to successfully improving the profitability of your business is better underst

bottom of page