2 min
The March Existing Home Sales Data Report | Episode 124 | 04-19-2024 Markets with Megan: A Two-Minute Financial Markets Update
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- Investing
With the latest home sales data, we saw March's unexpected slide in existing home sales that has everyone talking, and we're breaking down the nuances that could change your perspective on the housing market. As spring selling season kicks off, it's not all doom and gloom; we've spotted some bright spots, including a much-needed increase in housing supply. In this episode, we analyze the regional sales fluctuations, the uptick in median home prices after months of decline, and how these factors play into the Fed's approach to inflation and interest rates.
While the Northeast saw a spike in sales, the rest of the country grapples with affordability as mortgage rates and prices climb. We look at stubborn housing price pressures that continue to affect the economy.
https://youtu.be/R-ESadqGD0E
Disclaimer: material was prepared by Verdence Capital Advisors, LLC (“VCA”). VCA believes the information and data in this document were obtained from sources considered reliable and correct and cannot guarantee either their accuracy or completeness. VCA has not independently verified third-party sourced information and data. Any projections, outlooks
or assumptions should not be construed to be indicative of the actual events which will occur. These projections, market outlooks or estimates are subject to change without notice. This material is being provided for informational purposes only and is not intended to provide, and should not be relied upon for, investment, accounting, legal, or tax advice. Past performance is not a guarantee of future results. Different types of investments involve varying degrees of risk, and there can be no assurance
that the future performance of any specific investment, investment strategy, or product or anynon-investment related content, made reference to directly or indirectly in these materials will be profitable, equal any corresponding indicated historical performance level(s), be suitable for your portfolio or individual situation, or prove successful. You should not assume that any
discussion or information contained in this report serves as the receipt of, or as a substitute for, personalized investment advice from VCA. Due to various factors, including changing market conditions and/or applicable laws, the co...
With the latest home sales data, we saw March's unexpected slide in existing home sales that has everyone talking, and we're breaking down the nuances that could change your perspective on the housing market. As spring selling season kicks off, it's not all doom and gloom; we've spotted some bright spots, including a much-needed increase in housing supply. In this episode, we analyze the regional sales fluctuations, the uptick in median home prices after months of decline, and how these factors play into the Fed's approach to inflation and interest rates.
While the Northeast saw a spike in sales, the rest of the country grapples with affordability as mortgage rates and prices climb. We look at stubborn housing price pressures that continue to affect the economy.
https://youtu.be/R-ESadqGD0E
Disclaimer: material was prepared by Verdence Capital Advisors, LLC (“VCA”). VCA believes the information and data in this document were obtained from sources considered reliable and correct and cannot guarantee either their accuracy or completeness. VCA has not independently verified third-party sourced information and data. Any projections, outlooks
or assumptions should not be construed to be indicative of the actual events which will occur. These projections, market outlooks or estimates are subject to change without notice. This material is being provided for informational purposes only and is not intended to provide, and should not be relied upon for, investment, accounting, legal, or tax advice. Past performance is not a guarantee of future results. Different types of investments involve varying degrees of risk, and there can be no assurance
that the future performance of any specific investment, investment strategy, or product or anynon-investment related content, made reference to directly or indirectly in these materials will be profitable, equal any corresponding indicated historical performance level(s), be suitable for your portfolio or individual situation, or prove successful. You should not assume that any
discussion or information contained in this report serves as the receipt of, or as a substitute for, personalized investment advice from VCA. Due to various factors, including changing market conditions and/or applicable laws, the co...
2 min