In brief: Construction firms are facing a sharp rise in input costs at the same time that demand for many projects remains weak. New September data show fuel and metal prices driving the biggest increases, while steel delivery delays threaten project schedules. Prices...
Federal Reserve Chair Kevin Warsh offered no guidance on whether policymakers will raise interest rates again this month, despite a fresh series of inflation reports that have complicated the outlook for mortgage costs. At an IMF discussion in Bangkok on October 16,...
Wholesale prices climbed at their fastest monthly pace in more than four years in September, delivering another inflation warning to a housing market already coping with mortgage rates above 7%. The Bureau of Labor Statistics reported Thursday that its producer price...
The cost of imported goods rose sharply in September, adding another inflation warning for the U.S. housing industry as builders and lenders contend with elevated financing costs. Import prices increased 1.1% from August and 8.1% from a year earlier, the Bureau of...
U.S. inflation accelerated in September, delivering another blow to prospective homebuyers already facing mortgage rates above 7% and raising the stakes for lenders, builders and the Federal Reserve. The consumer price index rose 0.6% from August and 3.7% from a year...
Barings Buys $66.2 Million Orange County Retail Center as Grocery-Anchored …
