increases

Days on market increases despite low inventory of existing homes

Days on market increases despite low inventory of existing homes

The National Association of Realtors (NAR) reported today on two trends in existing home sales that we have seen for many months: sales are down while total inventory data has fallen straight for three consecutive months. On a positive note, however, days on the market are no longer a teenager: this metric has dropped from …

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Days on market increases despite low inventory of existing homes

Days on market increases despite low inventory of existing homes

The National Association of Realtors (NAR) reported today on two trends in existing home sales that we have seen for many months: sales are down while total inventory data has fallen straight for the three consecutive months. On a positive note, however, days on the market are no longer a teenager: this metric has dropped …

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Christopher Waller, a member of the Fed's six-person board of governors since December 2020, expressed concern that wage increases were driving up inflation

Fed asks employers to stop granting wage increases to lower inflation

Employers should stop giving pay rises to their staff, a member of the Federal Reserve Board has said, in an effort to help reduce inflation. Christopher Waller, one of six members of the Fed’s board of directors, gave a speech in Phoenix, Ariz., urging bosses to consider inflation when reviewing their workforce. He pointed out …

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Moderna says new booster increases protection against omicron subvariants

Moderna says new booster increases protection against omicron subvariants

Comment this story Comment Vaccine maker Moderna announced on Monday that its new omicron-targeted booster boosts a key line of immune defense by boosting levels of anti-coronavirus antibodies that block BA.5. This omicron subvariant was dominant in the United States until recently and still accounts for nearly a third of reported cases. In blood drawn …

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