De Groote Financial Group May 27, 2016

April New Home Sales Rocket Higher, Up 16.6% Over March… The worry over new home sales in March appears misguided. In addition to an unexpected jump in sales last month, the median sale price also jumped 7.8% to $321,000. What it means– In March, new home sales, permits, and existing home sales posted disappointing results. But the residential real estate […]

De Groote Financial Group May 20, 2016

Consumer Prices up 0.4% in April, and 1.1% over Last Year… Excluding food and energy, prices were up 0.2% last month, and 2.1% over the same period last year. What it means– Gasoline prices ticked higher with oil prices last month, pushing the consumer price index higher. Costs rose in most areas except apparel. But the growth rate slowed […]

De Groote Financial Group May 13, 2016

Producer Price Index Up 0.2% in April, Flat Year-Over-Year… Excluding food and energy, the measure of wholesale prices rose just 0.1% last month, and is only 0.9% higher over the same period last year. What it means– In the official measures, inflation remains absent. Clearly, they don’t give a lot of weight to things we actually buy on a […]