RE/MAX IPO signals confidence in housing

U.S. consumer confidence ebbed in September as an escalation in trade tensions fanned concerns about business and labor market conditions, a potentially worrying signal for consumer spending.

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Surveys of manufacturers around the world released on Monday gave some positive signals for the global economic outlook. and some analysts think China may need more stimulus to offset a cooling.

Existing-home sales plummet 15.3% in May

In a sign households were growing more worried about the economy, the Conference Board on Thursday said its consumer confidence index fell this month by 8.3 points to a reading of 136.4, the.

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From the time the number of Pinduoduo’s active users first surpassed China’s No. 2 ecommerce platform,, this January to its IPO at Nasdaq in late July. and instant noodles are also.

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Yale economics professor Robert Shiller, whose 2000 book “irrational Exuberance” called the top in the stock market bubble almost perfectly and who warned of a housing bubble in. remains on a “buy”.

The numbers: The National Association of Home Builders’ monthly confidence index increased one point to 68 in September, matching the highest reading in a year,

U.S. consumer confidence falls in September, trade fears dominate. a potentially worrying signal for consumer spending, which has been driving the economy.. industrial production and housing.

Re/Max Holdings, one of the country’s biggest real estate brokerages, filed to go public on Monday, preparing to follow its rival Realogy Holdings onto the public markets. Re/Max Files for I.P.O. as Housing Market Continues Upswing – The New York Times

Case-Shiller: Home price gains declined in May 0.3% In March, annual home price gains continued to slow across the nation, according to the latest case-shiller home price index from S&P Down Jones Indices and CoreLogic. The report’s results showed.

The company has exhibited tremendous growth in both sales and earnings over the last five quarters while at the same time seeing its stock drop to levels not seen since its IPO in August of.