Weekly Market Report for Boston Real Estate Market 3-15
The FED leaves rates UNCH. Prime Rate at 3.25% and Fed Funds rate at .25%
Housing / New Permits fell 5.9% in February.
Consumer Price Index in February was UNCH, the core CPI which excludes food and energy rose .1%
The Core CPI up 1.3% in the past year. Smallest gain in 6 years.
DOW closed at 10,742. NASD closed at 2,374. Crude Oil hits $80.64.
30 YR Fixed Rate Average 4.91%
15 YR Fixed Rate Average 4.24%
Merrimack Valley Real Estate Stats. Last month 107 properties Under Agreement and 87 SOLD.
Compared to 1 year ago there was 66 SOLD which mean sales are up 20% from last year this time.
Stocks to watch RIMM, VLO, CSX, BIDU
