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National new home sales for July, 2016; blowout month!!

Sales of new single-family houses in July 2016 were 654,000 at a seasonally adjusted annual rate (SAAR), up 12.4 percent from June’s revised rate and up 31.3 percent from July 2015.

In The News

US healthcare spending metrics

Sick Spending

Annual US healthcare spending is $8,713/person, by far the highest in the world. Switzerland comes next at $6,325/person, followed by Norway at $5,852/person. Canada is 10th at $4,351/person, less than half the US total. 51 more words

In The News

National building permits and starts for July, 2016

Building permits in July 2016 were at a seasonally adjusted annual rate (SAAR) of 1,152,000, down 0.1 percent from the revised June rate, but up 0.9 percent from July 2015. 18 more words

In The News

National employment metrics for December, 2015; some good news and some bad new


The good news is that Wake County ranked 51 out of the largest 343 U.S. counties in employment growth.
The bad news is Wake County ranked 218 out of 343 in terms of percentage wage growth. 10 more words

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National homeownership rate metrics

Rising Rentership

Last week, we learned that the seasonally-adjusted homeownership rate declined to 63.1%, the lowest level since 1965, yes 1965, and a steep fall from the peak of 69.4% in 04Q2. 56 more words

In The News

Perseid Meteor Shower 2016

The heavens declare the glory of God,
and the sky above proclaims his handiwork.
Day to day pours out speech,
and night to night reveals knowledge.

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World News