Wall Street Week Ahead: Housing Market, Unemployment Updates
Economists expect a slight August sales increase as jobless claims remain a key gauge of layoffs and broader labor-market conditions.
- On Thursday, authorities release the report for sales of newly-built homes, offering Wall Street a crucial update on the housing market alongside the weekly report for unemployment Claims.
- Mortgage rates have marched higher throughout the year as the war in Iran chokes global oil supplies, while Surging oil prices pushed up long-term bond yields lenders use to price home loans.
- Existing home sales showed a decrease in the latest report, though the broader job market has remained resilient amid inflation squeezing consumers and businesses.
- Economists expect the report will show a slight sales increase, providing Wall Street a glimpse into conditions for home builders and construction-related companies.
- The Independent remains on the ground parsing facts from messaging; Whether investigating the Trump PAC's financials or producing 'The A Word,' the outlet provides analysis without paywalls for Americans.
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Wall Street week ahead: housing market, unemployment updates - Regional Media News
NEW YORK (AP) - Wall Street will get a key update this week on the U.S. housing market, along with a regular weekly unemployment update. On Thursday, the U.S. will release its August report for sales of newly-built homes. It details the sale of brand-new [...]
Wall Street week ahead: housing market, unemployment updates – WTOP News
NEW YORK (AP) — Wall Street will get a key update this week on the U.S. housing market, along with a regular weekly unemployment update. On Thursday, the U.S. will release its August report for sales of newly-built homes. It details the sale of brand-new homes and sales contracts for homes that are under construction....
Wall Street will receive key data on the real estate market and unemployment in the US after a week marked by inflation and AI.
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