Week Through 7/17/09 Alexandria homes number crunching
Posted by Super Admin on Tuesday, July 21st, 2009 at 12:38pm.Jul 13 – Consumer Prices increased 0.7% in June due to the rising cost of gasoline. The CPI has fallen 1.4% in the past year. The core index [excluding food & energy] only went up 0.2% in June.
Jul 14 – Sales at U.S. retailers rose a stronger-than-expect 0.6% in June, boosted by a big jump in auto sales. Excluding autos and parts, the gain was a modest 0.3% gain.
Jul 17 – New construction of homes expanded for the second straight month in June after hitting a record low in April. The starts are at their highest level since last November.
Jul 17 - Oil closed the week at $63.56 a barrel, up from $59.89 last Friday.
Rates reversed themselves this week rising more than ¼% as the stock market benefited from money coming out of the bond market. Friday’s news of the new home construction could continue the upward movement into next week. Home sales in Fairfax are strong. Home sales in Arlington, Va are the same. Now is a wonderful time to buy a home or sell your home.
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