Economic Indicators for week of July 26-30
•Download as PPT, PDF•
1 like•266 views
1) The weekly economic forecast from NAR Research showed stable or slightly improved predictions for GDP growth and unemployment through 2010, with the mortgage rate expected to decline slightly. 2) New home sales rebounded in June from May's low, though remained below year-ago levels, as low mortgage rates enticed buyers but high unemployment discouraged many. 3) The first estimate of Q2 GDP growth was 2.4%, an improvement from Q1, driven partly by the homebuyer tax credit boosting residential investment.
![Weekly Economic Forecast ,[object Object],Produced by NAR Research Indicator This Week Last Week GDP 2010 Q3: 2.5% 2.5% ↔ GDP 2010 Q4: 2.7% 2.7% ↔ GDP 2011 Q1: 2.3% Unemployment rate by the year-end 2010: 9.9% 9.9% ↔ Average 30-year fixed mortgage rate by the year-end 2010: 5.0% 5.1% ↓](data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7)
Recommended
Recommended
More Related Content
What's hot
What's hot (17)
Viewers also liked
Viewers also liked (20)
Similar to Economic Indicators for week of July 26-30
Similar to Economic Indicators for week of July 26-30 (20)
More from NAR Research
More from NAR Research (20)
Recently uploaded
Recently uploaded (20)
Economic Indicators for week of July 26-30
- 1. Week of July 26 – July 30, 2010 Produced by NAR Research