Industry NewsOpinion

Immigrants find U.S. real estate more affordable

Perspective: Weak dollar helps buoy existing-home sales
Published on Dec 23, 2004

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by CareyBot

Home sales are strong and the U.S. economy continues to expand as the third-quarter real GDP was revised upward to 3.9 percent. However, several variables pointed to mixed feelings going forward. Consumer confidence declined for the fifth consecutive month. Leading economic indicators also declined for the fifth month in a row. According to a recent Wall Street Journal article, economists have been hesitant to put too much emphasis on these declines because other economic factors have been positive ...