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☆ Home-Sales Report to Show How Much High Rates Squeezed Market
  + stars: | 2023-10-19 | by ( Nicole Friedman | ) www.wsj.com   time to read: +1 min
The housing market is facing a combination of elevated mortgage rates and high prices. Photo: Brandon Bell/Getty ImagesThursday’s home sales report will show how the housing market is responding to soaring mortgage rates. Home sales have trended sharply lower as mortgage rates rose to the highest level since 2000. The National Association of Realtors is scheduled to release the September existing-home sales report at 10 a.m. Eastern time Thursday. High rates are also limiting the inventory of homes on the market because homeowners with low rates are unwilling to sell and move.
Persons: Brandon Bell, Freddie Mac, WSJ's Jeffrey Sparshott Organizations: Wall, National Association of Realtors, Time
☆ U.S. Trade With World Rose in March on Energy, Auto Shipments
  + stars: | 2023-05-04 | by ( Harriet Torry | Anthony Debarros | ) www.wsj.com   time to read: 1 min
Imports declined 0.3% in March from the prior month, reflecting lower shipments of semiconductors, chemicals and cellphones and higher imports of consumer goods. Photo: Jordan Vonderhaar/Bloomberg NewsU.S. trade with the rest of the world increased in March as companies shipped more oil, natural gas and vehicles overseas and exported more products to China after it lifted Covid restrictions. Newsletter Sign-up Real Time Economics The latest economic news, analysis and data curated weekdays by WSJ's Jeffrey Sparshott. Preview SubscribeU.S. businesses also imported more consumer goods, but reduced imports of industrial supplies and capital goods. The trade figures aren’t adjusted for inflation and reflect both demand and price changes.
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