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Supply of new homes shows a stabilizing housing market

[ad_1] Today the Census Bureau‘s new home sales report came in as a beat of estimates at 740,000, but the most important aspect is that revisions came in positive for the prior months, which shows a more stable market as revisions are always key with new home sales and housing starts. From the Census Bureau: “Sales of new single‐family houses in August 2021 were at a seasonally adjusted annual rate of 740,000, according to estimates released jointly today by the U.S. Census Bureau and the Department of Housing and Urban Development. This is 1.5 percent (±15.1 percent)* above the revised July rate of 729,000, but is 24.3 percent (±19.1 percent) below the August 2020 estimate of 977,000.” The monthly supply data — which I focus on more than any other housing data — came in at 6.1 months and the three-month average is running at 6.06 months. We have seen a noticeable pick up in the monthly supply data for the new home sales sector. Before this report, the monthly supply data got to 6.2 months before the slight fall this month to 6.1 months This content is exclusively for HW+ members. Start an HW+ Membership now for less than $1 a day. Your HW+ Membership includes: Unlimited access to HW+ articles and analysis Exclusive access to the HW+ Slack community and virtual events HousingWire Magazine delivered to your home or office Become a member today Already a member? log in The post Supply of new homes shows a stabilizing housing market appeared first on HousingWire. [ad_2] Source link

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New for 2021: The Ultimate Couch Potato Portfolio Guide

[ad_1] .couch-potato-2021 { margin-bottom: 1em; max-width: 100% } @media (max-width: 991px) { a.menu-button-link { width: 93% } } @media (min-width: 992px) { .couch-potato-2021-links { display: flex; flex-direction: row; flex-wrap: nowrap; justify-content: space-between; align-content: space-around; align-items: flex-start } } a.menu-button-link { display: inline-block; font-size: .8em; background-color: #e5eff6; color: #102f32; font-weight: 700; text-decoration: none !important; margin: .5em; padding: .5em; border-radius: 4px; border: solid 1px rgb(35, 94, 99); max-width: 400px; } a.menu-button-link:hover { color: #e5eff6; background-color: #102f32; } Overview 5 ways to build a portfolio Core portfolios Advanced portfolios <!– Historical performance –> There’s a catch-22 facing many would-be investors that’s keeping them out of the market. On the one hand, they feel they lack the financial knowledge to handle their own investments confidently. On the other hand, they don’t want to rely on the advice provided by financial advisors, who often have a vested interest in selling products that pay them the largest management or trading fees. Indeed, according to a MoneySense online poll, 46% of respondents said the biggest barrier to investing for the average Canadian is that it’s too complicated or confusing, and 30% said they don’t trust financial advisors.  But there’s a solution that gets around both these roadblocks: Couch Potato investing. For those new to the idea, the Couch Potato method is a simple approach to building a well-diversified, low-maintenance and low-cost portfolio of stocks and bonds. As a Couch Potato investor, you don’t need to spend hours researching various assets in an attempt to pinpoint potential market “winners,” which can be like finding a needle in a haystack. Instead, you own the entire haystack, by investing broadly in the total market overall. It’s called index investing.  To use a sports analogy, rather than trying to guess which pro hockey team might win the Stanley Cup in a given year, you own small pieces of the entire league and profit from the entire operation—which includes both winners and losers. What’s more, by using this easy, low-cost investment approach that aims to match overall market performance—not beat it—you’ll likely do better than if you paid an advisor to invest your money in mutual funds. How so? Simply put, Canadians pay some of the highest fees in the world to invest in actively managed mutual funds; more than 2% comes off the top of a fund’s earnings before you see a red cent. The lazy Couch Potato investor can build a portfolio for less than one-tenth of that cost—as low as 0.10%—which means more investment earnings flow into your account rather than your advisor’s.  While the general premise of the Couch Potato remains the same, a lot has changed since MoneySense brought the strategy to Canada some 21 years ago. The portfolios have long included the same four core building blocks—Canadian stocks, U.S. stocks, international stocks and bonds. But portfolio strategy and investment options have evolved, and now there are many more ways to be a Couch Potato. The post New for 2021: The Ultimate Couch Potato Portfolio Guide appeared first on MoneySense. [ad_2] Source link

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Oldest ever human footprints in North America discovered in southwest US – New York Post

[ad_1] Oldest ever human footprints in North America discovered in southwest US  New York Post Oldest human footprints in North America found in New Mexico  Yahoo News Fossilized footprints found at White Sands shed new light on human existence in North America  KOAT Human Footprints in North America Dated to 23,000 Years Ago  Archaeology Footprints in New Mexico are oldest evidence of humans in the Americas  BBC News View Full Coverage on Google News [ad_2]

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