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May sales up 5.7% in May amid 'somewhat concerning' data, says DesRosiers
Automotive News· 14 hours agoDesRosiers Automotive Consultants (DAC) said light-vehicle sales rose 5.7 per cent in May from last year as the market continues to recover from pandemic lows. DesRosiers Managing Partner Andrew ...
Ford posts healthy sales gain in May
Detroit News· 21 hours agoFord Motor Co.'s U.S. sales rose 11% year-over-year in May, boosted by popular new models now hitting dealer lots. Cox Automotive Inc. was forecasting a...
Monthly U.S. Home Price Growth Slows In April
National Mortgage Professional· 22 hours agoOn a month-over-month basis, however, home prices increased by 1.1% compared with March 2024, below the seasonal monthly average. Three states posted double-digit gains – ...
Tesla Rivals In China Grow EV Sales But 'Constant' Price Cuts Seen Eroding Profits
Investor's Business Daily· 2 days agoBYD stock jumped on Monday but its startup peers were mixed. Li Auto posted the biggest sequential ...
Mortgage rates flatten ahead of jobs report, Fed meeting
HousingWire via Yahoo Finance· 18 hours agoThat was down 296,000 positions on a monthly basis and down 1.8 million year over year. Meanwhile,...
SoCal Sees Home Sales Rise 11.3% Annually In April
National Mortgage Professional· 2 days agoSouthern California’s housing market was more productive than most of the country this April. The volume of home sales across the region rose by 11.3%...
Costco weighs-in on membership fee increase
TheStreet.com· 5 days agoCostco's quarterly sales included more than $1.2 billion in membership fees. Costco Wholesale shares slipped lower in early Friday trading but remain on...
Bank of Canada expected to begin easing ahead of ECB tomorrow
The Forex Market· 1 hour agoEU mid-market update: Bank of Canada expected to begin easing ahead of ECB tomorrow; US ADP given...
European Shares Gain As Eurozone Composite PMI Hits 12-month High
RTT News· 2 hours agoEuropean stocks rose slightly on Wednesday as investors looked ahead to Thursday's ECB meeting and the release of U.S. labor market data on Friday for directional cues.
Pending home sales slump nearly 8% in April
Yahoo Finance via AOL· 6 days agoSan Diego gained 11% year over year. "On a seasonally adjusted basis, national home prices have reached...of the year and into 2025. Read more: Why are...