Menu
Sister Sites

  • November US home sales rose due to hot job market and concerns over rising rates next year

    From cnbc.com

    Sales of previously owned homes in November rose 1.9% from October to 6.46 million units, according to the National Association of Realtors’ seasonally adjusted count. Sales were 2.0% lower than November 2020. These sales reflect home closings, so contracts that were likely signed in September and October. Regionally, month-to-month, sales in the Northeast were unchanged. In the Midwest, they rose 0.7% and in the South they rose 2.9%. In the West, sales increased 2.3%. Sales likely increased due to a strengthening job market and concerns among potential buyers that mortgage rates will be significantly higher next ... (full story)

Well, something great to report.
But, US is losing ground in all fronts with its unfriendly foreign policy.

CNN:
With Iran on the cusp of building a deliverable nuclear weapon and with a growing perception that the United States may no longer be the staunch and reliable ally that many, especially in Europe and the Middle East, had long welcomed, the beginning of a realignment of traditional allies is beginning to take shape.

Earlier this month, French President Emmanuel Macron paid a whirlwind visit to the United Arab Emirates, Qatar and Saudi Arabia. In the UAE, he came away with a $19 billion order for 80 Rafale fighter jets and 12 military helicopters.
No such luck for the United States, after the UAE last week suspended its separate sale for $23 billion worth of weapons.
  •  Guest
  • | IP XX.XXX.59.38
Join FF
  • Story Stats
  • Related Stories