The Conference Board, New York, said it Consumer Confidence Index rose for the fifth month in a row to its highest level since March 2020.
Tag: Wells Fargo Economics
May New Home Sales Disappoint
New home sales tumbled by nearly 6 percent in May—and the report revised downward the previous three months’ statistics, HUD and the Census Bureau reported Wednesday.
Existing Home Sales Fall for 4th Straight Month
Existing home sales fell for the fourth straight month in May, the National Association of Realtors reported Tuesday, as rising prices and low inventories continue to stymie momentum.
Wells Fargo Economics: CRE Prospects Brighten
Wells Fargo Economics, Charlotte, N.C., said surging economic activity could signal a turnaround in commercial real estate fundamentals.