Closing Market Report 8/12/2014

The KUIK Closing Market Report for Tuesday, August 12:
Markets were down slightly.
Direction Change Units  Last Time Change
Dow Down                      (9) points           16,561 1:45 PM
S&P500 Down -0.2% percent             1,934       (3.17)
Nasdaq Composite Down -0.3% percent             4,389     (12.08)
30 Year Treasury Up                       3 Basis Points               3.27 Annual Yield
The National Association of Realtors released metro area home-price data for the second quarter, and it shows that nationwide, house-price growth is slowing down. However two bright spots are in Oregon.   Salem had 24.9% annual growth, and the Eugene-Springfield area, was up 18.1%.
Serving the West Side first I am Bill Roller of BR Capital for AM 1360 KUIK.
http://blogs.marketwatch.com/capitolreport/2014/08/12/the-hot-housing-markets-are-mostly-out-west-and-the-laggards-are-in-the-east/
For today’s Closing Market Report click to listen->