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Inflation, interest rates, stock markets, and more... |
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The June inflation readings came out on June 12th, with a substantial drop in the overall index, and a more modest decline in the "Core-CPI" index: |
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Last Thursday's weekly average 30-year interest rate reading climbed from last week (but will not reflect any reaction to the new inflation report), but the daily average interest rate illustrated in the 2nd chart below, had a significant, if preliminary, reaction to yesterday's CPI: Falling almost a quarter point in 2 days. |
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So far, stock markets have reacted very positively to the new inflation report: |
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| Median sales prices are generalities that can be affected by other factors besides changes in fair market value. They typically disguise a huge range of prices in the underlying individual sales, and all prices should be considered approximate. It is impossible to know how median and average value statistics apply to any particular home without a specific comparative market analysis. |
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| Current Active Listings per Town |
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| Please see my website for a comprehensive list of sales |
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| | | sharon.kramlich@compass.com |
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Compass is a real estate broker licensed by the State of California operating under multiple entities. License Numbers 01991628, 1527235, 1527365, 1356742, 1443761, 1997075, 1935359, 1961027, 1842987, 1869607, 1866771, 1527205, 1079009, 1272467. All material is intended for informational purposes only and is compiled from sources deemed reliable but is subject to errors, omissions, changes in price, condition, sale, or withdrawal without notice. No statement is made as to the accuracy of any description or measurements (including square footage). This is not intended to solicit property already listed. No financial or legal advice provided. Equal Housing Opportunity. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. |
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