Showing posts with label prices. Show all posts
Showing posts with label prices. Show all posts
Tuesday, March 25, 2014
Existing Home Prices Fell in October
Existing home prices fell in October, according to the S&P’s Case-Shiller index. The 10- and 20-city indices declined 1.1% and 1.2% respectively. This marks the second consecutive month of price declines.
Despite the fall, home prices improved on a year-ago basis. The 10-city index is down 3% from one year ago, an improvement from the 3.2% reported last month.
Of the 20 metropolitan areas surveyed, only one, Phoenix, reported appreciation in home prices, a 0.3% increase in prices. Atlanta and Detroit were hit hardest, seeing monthly declines of 5.0% and 3.3% respectively. Only two metro areas, Detroit and Washington, have prices above year ago level seeing appreciation of 2.5% and 1.3% respectively. Las Vegas has been hit the hardest this year with prices remaining 8.5% below their level one year ago.
Read the report.
ReadThe RestEntry..
Despite the fall, home prices improved on a year-ago basis. The 10-city index is down 3% from one year ago, an improvement from the 3.2% reported last month.
Of the 20 metropolitan areas surveyed, only one, Phoenix, reported appreciation in home prices, a 0.3% increase in prices. Atlanta and Detroit were hit hardest, seeing monthly declines of 5.0% and 3.3% respectively. Only two metro areas, Detroit and Washington, have prices above year ago level seeing appreciation of 2.5% and 1.3% respectively. Las Vegas has been hit the hardest this year with prices remaining 8.5% below their level one year ago.
Read the report.
Friday, March 7, 2014
Home Prices Continued Improvements in September
Existing home prices appreciated 0.3% in September according to the Case-Shiller’s 10- and 20-city indices. Gains from one year ago accelerated as well, with the 20-city index rising 3.0% above its September 2011 pace, better than the 2.0% year-ago gain reported in August. September’s year-ago gain is the strongest since July 2010.
September’s improvement was widespread geographically with 15 out of the 20 metropolitan areas surveyed reporting month over month price declines. Year-over-year gains improved in most areas surveyed as well, with only 2 reporting declines in prices from a year ago. Phoenix has seen the strongest gains in the past year, with prices 20% above September 2011 levels. Chicago and New York are the only areas that are still reporting year over year declines, however both saw improvement from August.
Despite the recent improvements, home prices remain well below their pre-crisis peak. The 20-city index is still 29.2% below its July 2006 peak.
Read the S&P release.
ReadThe RestEntry..
September’s improvement was widespread geographically with 15 out of the 20 metropolitan areas surveyed reporting month over month price declines. Year-over-year gains improved in most areas surveyed as well, with only 2 reporting declines in prices from a year ago. Phoenix has seen the strongest gains in the past year, with prices 20% above September 2011 levels. Chicago and New York are the only areas that are still reporting year over year declines, however both saw improvement from August.
Despite the recent improvements, home prices remain well below their pre-crisis peak. The 20-city index is still 29.2% below its July 2006 peak.
Read the S&P release.
Saturday, February 22, 2014
Consumer Prices Unchanged in December
In December the consumer price index remained unchanged for the second consecutive month. Headline CPI has failed to register positive growth for three consecutive months causing the year ago change from December 2010 to now be 3.0%. Core prices rose by 0.1% in December, moderating from November’s 0.2% increase. The year ago change for core prices held at 2.2%, an acceptable level for policymakers.
December’s slight increase in core prices was more than offset by falling energy prices, which fell 1.3% in December. Energy prices have now risen 6.6% year-over-year, significantly less than the 19.6% year-over-year gain reported in September. Food prices rose by 0.2% in December, slightly higher than the pace of 0.1% seen in the two previous months.
Price appreciation in core goods was driven by services, which saw prices rise 0.3%, an increase from the 0.2% reported last month. This was partially offset by a 0.2% fall in the price of goods, the first decline in three months.
Read the report.
ReadThe RestEntry..
December’s slight increase in core prices was more than offset by falling energy prices, which fell 1.3% in December. Energy prices have now risen 6.6% year-over-year, significantly less than the 19.6% year-over-year gain reported in September. Food prices rose by 0.2% in December, slightly higher than the pace of 0.1% seen in the two previous months.
Price appreciation in core goods was driven by services, which saw prices rise 0.3%, an increase from the 0.2% reported last month. This was partially offset by a 0.2% fall in the price of goods, the first decline in three months.
Read the report.
Thursday, February 6, 2014
Producer Prices Rose 1 7 in August
Producer prices saw their largest monthly gain in three years in August, jumping 1.7%. August’s unexpected price increases were primarily driven by higher energy and food costs, as core finished goods only appreciated 0.2%. Prices are now 2.0% above year-ago levels, up from the 0.5% seen in July.
Prices at the earliest stages of production also surged, rising 2.2% over the month. Despite the strong appreciation in August, prices on crude goods are down 10.2% from year-ago levels.
Input costs are not expected to maintain the rapid appreciation seen in August, as the global economic slowdown will likely keep inflation moderate.
Read the BLS report.
ReadThe RestEntry..
Prices at the earliest stages of production also surged, rising 2.2% over the month. Despite the strong appreciation in August, prices on crude goods are down 10.2% from year-ago levels.
Input costs are not expected to maintain the rapid appreciation seen in August, as the global economic slowdown will likely keep inflation moderate.
Read the BLS report.
Friday, January 24, 2014
Home Prices Rose 1 2 in Past Year
Existing home prices continued to improve in July, with the Case-Shiller 20-city index rising 1.2% above year ago levels. Last month was the first time home prices had risen above year-ago levels since September 2010. Both the 10- and 20- city indices saw strong gains in July, rising 1.5% and 1.6% respectively. Despite their strong recent improvement, home prices remain 30% below peak levels.
Every metropolitan area surveyed saw month-over-month gains in home prices. Additionally, an increasing number of metro areas are seeing positive year-over-year gains. Sixteen of the 20 metro areas surveyed now have prices above year-ago levels, up from 13 the previous month. Los Angeles, San Diego, and Boston all saw their prices appreciate for the first time this month. New York, Las Vegas, Atlanta, and Chicago are the remaining cities with home prices remaining below year-ago levels.
Read the S&P release.
ReadThe RestEntry..
Every metropolitan area surveyed saw month-over-month gains in home prices. Additionally, an increasing number of metro areas are seeing positive year-over-year gains. Sixteen of the 20 metro areas surveyed now have prices above year-ago levels, up from 13 the previous month. Los Angeles, San Diego, and Boston all saw their prices appreciate for the first time this month. New York, Las Vegas, Atlanta, and Chicago are the remaining cities with home prices remaining below year-ago levels.
Read the S&P release.
Monday, January 13, 2014
Producer Prices Fell in November
Producer prices fell for the second consecutive month in November, dropping 0.8% over the month. A sharp drop in energy prices more than offset a modest rise in the prices of core goods and food. Finished core goods saw prices appreciate just 0.1% in November, rebounding from their 0.2% decline the previous month.
Prices for finished energy products fell 4.6% in November, the sharpest drop in over three years. The decline was driven almost entirely by a 10% plunge in gasoline prices. Food prices rose 1.3% in November, up from a moderate 0.4% the previous month.
Producer prices are now only 1.4% above year-ago levels, considerably weaker than the 2.3% reported last month. Producer price appreciation has slowed notably from the rapid pace seen over the summer and will likely drag on consumer prices in coming months.
Read the BLS report.
ReadThe RestEntry..
Prices for finished energy products fell 4.6% in November, the sharpest drop in over three years. The decline was driven almost entirely by a 10% plunge in gasoline prices. Food prices rose 1.3% in November, up from a moderate 0.4% the previous month.
Producer prices are now only 1.4% above year-ago levels, considerably weaker than the 2.3% reported last month. Producer price appreciation has slowed notably from the rapid pace seen over the summer and will likely drag on consumer prices in coming months.
Read the BLS report.
Monday, December 16, 2013
Consumer Prices Remained Unchanged in July
Inflation slowed in July as consumer prices failed to appreciate for the fourth consecutive month. Falling energy prices continued to weigh on overall inflation, although less so than previous months. Core inflation slowed to 0.1% in July, after four consecutive months at 0.2%. Overall consumer prices have now risen just 1.4% from year-ago levels, down from the 1.7% reported in June.
Falling energy prices continued to restrain inflation in July, although by less than in the previous three months. Energy prices fell just 0.3% in July after averaging a drop of 2.5% over the previous three months. Food prices appreciated 0.1% in July, after failing to grow in June.
Core price appreciation was driven by a 0.1% rise in the prices of services. Goods prices were stagnant in July. Both have slowed from June where each grew 0.2%.
Read the BLS release.
ReadThe RestEntry..
Falling energy prices continued to restrain inflation in July, although by less than in the previous three months. Energy prices fell just 0.3% in July after averaging a drop of 2.5% over the previous three months. Food prices appreciated 0.1% in July, after failing to grow in June.
Core price appreciation was driven by a 0.1% rise in the prices of services. Goods prices were stagnant in July. Both have slowed from June where each grew 0.2%.
Read the BLS release.
Sunday, December 8, 2013
The Timeline of Silver Prices
The silver price history is something very important that people have been following for years. Especially recently with the shift of the economy and the way it has been going for over the past decade or so. Silver sales are booming and many believe this will be the new form of money. Bartering with silver sounds much better than using money on account the value for silver is much more. (Image by San Diego Shooter via Flickr)
The price of silver will only continue to grow with how the United States economy is going. With the debt increasing silver prices will rise because of such demand for it because the economy is falling apart which means money does not have the same value as it used to have years ago.
Since money is not what it used to be worth and people are starting to use silver to make transactions, it flips the scales. People all around the world have been using silver in exchange for goods for numerous years. This is nothing new at all; it is just being implemented back because people see how bad the economy is going.
There was a point in time when silver was used as money (coins). The reason it came to a stop in the 60s was because money had gained value which also pushed up the value of silver making it worth more than a dollar. Of course the government could not have this and rushed to get rid of silver.
Money is definitely not at the value it used to be at all. The value of money has fallen so rapidly that this is why people are going back to silver. With the government trying to fix the national debt they think that by printing money it will fix the problem, when in actuality it is actually causing more damage. By printing more money that just makes all the money worth less because there is so much out there. With that happening all precious metals end up just going up in price more. This is a problem because if the government keeps taking these steps all they are doing is taking money away from us.
It is better to be early than late if a panic-moment is about to arrive. Silver is less expensive per ounce than gold and more available for purchase than gold, particularly for middle-class westerners. An investment into silver is likely to appreciate more than a similar investment in gold.
...More at Why Buy Silver?
With the worth of a dollar compared to silver, you are better off with the silver because silver will continue to grow in value as the dollar continues to lessen in value which does not benefit you at all.
The price of silver will only continue to grow with how the United States economy is going. With the debt increasing silver prices will rise because of such demand for it because the economy is falling apart which means money does not have the same value as it used to have years ago.
Since money is not what it used to be worth and people are starting to use silver to make transactions, it flips the scales. People all around the world have been using silver in exchange for goods for numerous years. This is nothing new at all; it is just being implemented back because people see how bad the economy is going.
There was a point in time when silver was used as money (coins). The reason it came to a stop in the 60s was because money had gained value which also pushed up the value of silver making it worth more than a dollar. Of course the government could not have this and rushed to get rid of silver.
Money is definitely not at the value it used to be at all. The value of money has fallen so rapidly that this is why people are going back to silver. With the government trying to fix the national debt they think that by printing money it will fix the problem, when in actuality it is actually causing more damage. By printing more money that just makes all the money worth less because there is so much out there. With that happening all precious metals end up just going up in price more. This is a problem because if the government keeps taking these steps all they are doing is taking money away from us.
It is better to be early than late if a panic-moment is about to arrive. Silver is less expensive per ounce than gold and more available for purchase than gold, particularly for middle-class westerners. An investment into silver is likely to appreciate more than a similar investment in gold.
...More at Why Buy Silver?
With the worth of a dollar compared to silver, you are better off with the silver because silver will continue to grow in value as the dollar continues to lessen in value which does not benefit you at all.
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Are you worried about how the government is going and what you should do? Click here and get some information on silver price history which will give you some insight on what is soon to happen
Saturday, May 18, 2013
Consumer Prices Saw Largest Gain in Three Years in August
Consumer prices rose 0.6% in August, their first positive reading in five months. Prior to today’s report, consumer prices had failed to appreciate since March, with the majority of the readings showing stagnant prices. August’s gain of 0.6% is the largest monthly gain in three years. Consumer prices are now 1.7% above year-ago levels.
August’s gain was driven primarily by surging energy prices, which rose 5.6% over the past month. Energy prices had receded for four consecutive months prior to August.
Core prices rose at a more moderate, but strong pace of 0.2%, up from 0.1% the previous month. Core appreciation was entirely due to a 0.1% rise in service prices, as goods prices declined 0.2%.
Read the BLS report.
ReadThe RestEntry..
August’s gain was driven primarily by surging energy prices, which rose 5.6% over the past month. Energy prices had receded for four consecutive months prior to August.
Core prices rose at a more moderate, but strong pace of 0.2%, up from 0.1% the previous month. Core appreciation was entirely due to a 0.1% rise in service prices, as goods prices declined 0.2%.
Read the BLS report.
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