Author: dominikwurnig

Student debt endangers the American Dream

Paul Buehler’s $60,000 in debt weighs heavy on him. As a Ph.D. candidate in history at the University of Arizona the 31-year-old has spent the last eight years relying on student loans. His debt will become due when he finishes in December. Then his salary will just pay his student […]

Housing market unaffected by rising interest rates

Despite rising mortgage costs, housing prices continued to steeply increase in May shows the Case-Shiller home price index. It rose 12.2%, the largest annual increase since March 2006.   Despite the Federal Reserve’s announcement to reduce its bond-buying program, which caused a rise in longtime interest rates, the May data […]

Housing prices in the US continue to rise

Housing prices continue their path to pre-crisis levels. With 12.2% the widely watched Case-Shiller home price index showed its biggest annual increase since March 2006. Compared to the previous month, the price for single-family homes in 20 major American cities rose in May by 2.4%. Overall the housing market continues […]

Home Prices Fly High

Housing prices posted their largest monthly gain in more than five years in a sign of an accelerating market that could provide a key boost to the economy. The widely watched Case Shiller index rose 2.5% in April, the largest one-month gain in history. Prices are up 12.1% from a […]