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Large fall is likely an Easter timing quirk; the trend still looks flat.
In one line: Improvement in money supply continues; Italian business confidence rises & German unemployment will climb further.
In one line: Still pointing to downside risks to growth.
PRICES HAVE TURNED A CORNER; EXPECT A 5% RISE IN 2024...
PRICES HAVE NEARLY STABILISED; EXPECT A 5% RISE IN 2024...
Starts data are noisy, but a modest housing recovery is underway.
In one line: EZ manufacturing remained in recession in Q4; is the plunge in M1 fading?
HOUSE PRICE NADIR IS JUST A COUPLE OF MONTHS AWAY...
Probably an overshoot, but a steady increase in single-family starts lies ahead.
In one line: Adjusted for savings money data suggest an improving outlook for H1 next year.
MORTGAGE RATES TO FALL FASTER THAN WE EXPECTED IN Q1...
The recovery in construction activity is stalling, for now.
The rebound in construction activity is already petering out.
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