-
South Florida housing market remains pricey, bucks U.S. decline
Desire stays substantial for South Florida’s housing market place, keeping median price ranges in February elevated as income retreat. Previously mentioned: Aerial perspective of the Miami Shores Bayfront Park community looking south toward downtown Miami, on Sept. 30, 2020. Emily Michot While the U.S. housing market in February faltered, snapping a streak of almost 11 years of monthly price jumps, it’s a much different story in South Florida where the housing sector keeps getting pricier as overall sales dwindle. In fact, median sales prices of single-family homes increased from a year ago and last month, according to the housing report released Tuesday by the Miami Association of Realtors. While the…
-
Fed officials emphasize inflation remains too high and the Fed has more work to do
Users of the Federal Reserve speaking all-around the nation Friday claimed that though there are symptoms inflation is starting off to gradual, they continue to believe that inflation is also higher and much more perform requirements to be finished to carry down price tag will increase. “Inflation remains significantly also higher, despite some encouraging indicators these days, and is therefore of wonderful concern,” Federal Reserve Governor Lisa Cook claimed in a speech Friday in New Orleans. Richmond Fed President Thomas Barkin made comparable opinions, noting that though inflation is very likely past its peak, there’s continue to operate to do. “We even now have operate to do. Inflation is much…
World News Today
