The U.S. Housing Market Is Heating Up

House prices rose by 4.7% annually in April, despite a steep plunge in home sales. The rise adds to recent data indicating a recovering U.S. housing market, and potentially a wider economic recovery. That said, rising home prices and recovering sales figures point to a depressing trend for many prospective buyers. Home prices rose by …

The Housing Market Is Showing Signs of Weakness

Mortgage applications to buy a home fell 3% last week after surging for five straight weeks. There isn’t enough housing supply to meet demand. But demand could drop as young people can’t afford a house. The U.S. housing market is showing signs of weakness. While mortgage rates were at a record low last week, total …

5 Reasons Why the Dow Jones Catapulted to a Record High Today

The Dow soared to a new all-time high on Monday. Little new information about the US-China trade deal emerged, but investor sentiment brightened anyway. Here are five reasons why the stock market rallied so aggressively today. When the US and China unveiled the “phase one” trade deal last Friday, the Dow Jones Industrial Average responded …