Did You Know?

DID YOU KNOW? "Since 1950, no other month has recorded a higher average return or has finished higher as often as December." - Ryan Detrick, senior market strategist at LPL Financial. Over the last 100 years, the Dow has averaged a gain of 1.55% in December, with gains 74% of the time. Maybe 2018 ends on a good note after a few bumpy months? (Marketwatch)

DID YOU KNOW? Will home furnishings save retail? The first "IKEA Planning Studio" - a store concept that focuses on “smart solutions for urban living and small spaces” - will open at 999 Third Avenue in New York, across from Bloomingdales. Over the next 2 years, they will open 30 new stores in city centers such as Washington, D.C., Los Angeles, and San Francisco. (6SQFT)

DID YOU KNOW? U.S. luxury home builder Toll Brothers reported today a fall in 4th-quarter orders, as demand was hurt by rising interest rates and higher home prices. "In November, we saw the market soften further, which we attribute to the cumulative impact of rising interest rates and the effect on buyer sentiment of well-publicized reports of a housing slowdown." (CNBC)

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