US Enters Recession As GDP Falls For Second Quarter

US Enters Recession As GDP Falls For Second Quarter

ByTMN Editor Reading Time: 2 minutes

Gross domestic product declined for a second quarter, down 0.2% on the heels of Q1’s 0.4% dip, the Commerce Department said. By a common definition, this means that the U.S. has entered into a recession. The National Bureau of Economics, a non-profit that determines when the U.S. is officially in recession, defines it as a…

Home Price Growth Sets Yet Another Record In 122nd Month Of Consecutive Increases
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Home Price Growth Sets Yet Another Record In 122nd Month Of Consecutive Increases

ByTMN Editor Reading Time: 2 minutes

Home prices rose by 20.9% YOY in March, setting another record and marking the 122nd consecutive month of YOY home price increases nationally, according to CoreLogic’s Home Price Index (HPI) and HPI Forecast. Home prices were up 3.3% from the month prior. The annual appreciation of detached properties (22%) was 4% higher than that of…

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