New Home Sales Fall for 1st Time in 6 Months–But No Worries
New home sales fell for the first time since May, HUD and the Census Bureau reported Wednesday. Even so, the news continued to be good.
Revised 3Q GDP Unchanged at 33.1%
Meet the new gross domestic product—same as the old gross domestic product. The Bureau of Economic Analysis on Wednesday reported its second (revised) estimate of third quarter GDP was unchanged from its first estimate last month: in other words, after an unbelievably bad second quarter, the third quarter looks, in contrast, relatively brilliant.
MBA Chart of the Week: Annual Price Gains
Our Thanksgiving-themed Chart of the Week highlights the strength in turkey price growth in 2020, along with year-over-year price changes for a few other goods categories.
MBA State of the Association Dec. 2
The Mortgage Bankers Association's annual State of the Association takes place Wednesday, Dec. 2 from 3:00-4:00 p.m. ET.
ULI: Real Estate Industry Should Promote Health, Social Equity
The real estate industry should adopt health and social equity practices and promote those already in existence, said the Urban Land Institute, Washington. D.C.
