as part of the 50 nation coalition that president biden has built or whether congress will ignore the lessons we ve learned from history and let putin prevail. it is that simple. it is that stark a choice and we hope congress on a bipartisan basis will make the right choice. that s national security advisor jake sullivan laying out the high stakes of a vote on more aid for ukraine. we ll look at where support stands on capitol hill for president biden s $106 billion foreign aid plan just ahead. plus the latest from the middle east. israel says its troops are advancing on hamas in gaza s largest southern city. but the ground offensive leaves civilians in that part of the territory with few places to seek shelter. and also ahead we ll get expert legal analysis on a supreme court case that involved a family who owned a company in helping to create the nation s opioid crisis. good morning and welcome to way too early on this tuesday, december 5th. i m jonathan lemire. tha
Since before the financial crisis. The National Association of realtors says sales rose 3. 2 in june helped by steady job growth and an improving economy. That report helped send shares of Home Builders higher even as the Broader Market fell today. And while it may seem like the housing recovery is firing on all cylinders, diana tells us there is something not quite right. Reporter the number for the Spring Market are in and strong. Home sale rose more than 3 for may and are now up nearly 10 for the year. Thats the highest monthly pace in over three years but the sales came at a high price. The median existing home price hit 236,400. The highest ever. Thats due to tight supply barely up at all from a year ago. At some point, there will be a choking point with prices rising and we are facing a rising interest rate. That hurts availability. So we may see buyers being chopped off. Not because of the lack of desire to buy a home but the price increase is preventing many people being able t
Sales to their highest lel since before the financial crisis. The National Association of realtors says sales rose 3. 2 in june helped by steady job growth and an improving economy. That report helped send shares of Home Builders higher even as the Broader Market fell today. And while it may seem like the housing recovery is firing on all cylinders, diana tells us there is something not quite right. Reporter the number for the Spring Market are in and strong. Home sale rose more than 3 for may and are now up nearly 10 for the year. Thats the highest monthly pace in over three years but the sales came at a high price. The median existing home price hit 236,400. The highest ever. Thats due to tight supply barely up at all from a year ago. At some point, there will be a choking point with prices rising and we are facing a rising interest rate. That hurts availability. So we may see buyers being chopped off. Not because of the lack of desire to buy a home but the price increase is preventi
Sales to their highest lel since before the financial crisis. The National Association of realtors says sales rose 3. 2 in june helped by steady job growth and an improving economy. That report helped send shares of Home Builders higher even as the Broader Market fell today. And while it may seem like the housing recovery is firing on all cylinders, diana tells us there is something not quite right. Reporter the number for the Spring Market are in and strong. Home sale rose more than 3 for may and are now up nearly 10 for the year. Thats the highest monthly pace in over three years but the sales came at a high price. The median existing home price hit 236,400. The highest ever. Thats due to tight supply barely up at all from a year ago. At some point, there will be a choking point with prices rising and we are facing a rising interest rate. That hurts availability. So we may see buyers being chopped off. Not because of the lack of desire to buy a home but the price increase is preventi
Will be in trouble. Im talking about the housing goose and frankly on days like today where the dow dropped and the nasdaq sink 6. 4 . Its one of the few sectors working, in fact, it saved the day from being a fullfree fire zone. Fir, understand that once again, we are back in international purgatory, the house of pain. That is when happens when the Chinese Markets are down and others are weak, and commodities are soft and the dollar is upper freaking strong. When you have this combination its almost impossible for the market to rally. Theres too Many Companies that do poorly. Think about it, for starters this is china. And we have to talk about it. Have read how china has not impacted our market so why does it matter now . That is a stupid question. Sure the stocks themselves are not that important. A lot of the individual companies are important. Because they tend to be financials, when i try to pick among the rubble in china, its the Financial Companies that are unhealthy to me. Not