Black Knight Home Price Index Report: November 2016 Transactions — U.S. Home Prices Up 0.2 Percent for the Month; Up 5.7 Percent Year-Over-Year

  1. – After rising 5.7 percent from the start of 2016, U.S. home prices are now within just 0.3 percent of a new national peak
  2. – For the fifth straight month, New York led all states in monthly home price appreciation, seeing 1.1 percent growth from October 2016
  3. – Though New York City was the best-performing metro area, Florida and Tennessee dominated the rest of the Top 10 list, together accounting for eight of the 10 best-performing metros
  4. – Of the nation’s 40 largest metros, only St. Louis, Mo., saw negative year-to-date home price movement through November 2016
  5. – Home prices hit new peaks in six of the nation’s 20 largest states and eight of the 40 largest metros

JACKSONVILLE, Fla., Jan. 30, 2017 /PRNewswire/ — Today, the Data & Analytics division of Black Knight Financial Services, Inc. (NYSE: BKFS) released its latest Home Price Index (HPI) report, based on November 2016 residential real estate transactions. The Black Knight HPI utilizes repeat sales data from the nation’s largest public records data set, as well as its market-leading, loan-level mortgage performance data, to produce one of the most complete and accurate measures of home prices available for both disclosure and non-disclosure states. Non-disclosure states do not include property sales price information as part of their publicly available county recorder data. Black Knight is able to obtain the sales price information for these states by combining and matching records across its unique data assets.

Each month the Black Knight HPI reports five price levels (quintiles), along with REO discount rates, for 18,000+ U.S. ZIP codes. Findings are available with or without seasonal adjustments, although all numbers that follow have not been seasonally adjusted.

For a more in-depth review of this month’s home price trends, including detailed looks at average home prices in the 20 largest states and 40 largest metros, please download the full Black Knight HPI Report at http://www.bkfs.com/CorporateInformation/NewsRoom/Pages/HPINow.aspx

Black Friday Isn’t The Appetiser — It’s The Cannibal That Eats Christmas

There are probably bigger things occupying most peoples’ minds today as Trump is sworn in, but UK marketers — particularly those in retail — got a piece of news that wasn’t too obvious at first inspection but leaps out once you crunch the numbers. The Office for National Statistics has officially revealed what we all probably thought was true. Black Friday and Cyber Monday are not an appetiser for Christmas — they are a pair online cannibals that eat it.

There has been a debate over the past couple of years that has seemed mind-bogglingly simple to unpick. On the one hand, some retail analysts have predicted the end of November sales are just there to get early shopping done and the numbers will pick up again in December. The other argument is more sensible: this is nonsense and people will simply get Christmas done early, hide presents and keep the credit card for the food purchases that obviously can’t be made a month before the big day.

Now we have the figures from the ONS to underscore that the common-sense argument is the correct one. The fourth quarter was good for retail, with sales up. December, for example, was up 4.3% on the corresponding month in 2015. However, it’s worth noting that it saw a 1.9% dip from November, the month before. Look at online sales and the figures are clear. December 2016 was up more than a fifth against December 2015, but there was a 5% dip in sales from the month before — November 2016. So as we went from November to December in 2016, total sales were down, and that dip was exacerbated online.

If you want the killer stat, compare sales figures for the Black Friday and Cyber Monday week (22nd to 28th November) and you’ll see order values were up 28% on the Christmas week of December 21st to 27th (which would obviously have taken in both last-minute shopping and the Boxing Day sales).

It really doesn’t take a genius to figure it out, does it? Black Friday and Cyber Monday have changed shopper behaviour. People don’t suddenly need more stuff. Everyone usually has a rough mental budget of what they are spending per person, and they are more than happy to let that figure go a little further a month before Christmas by seeking out a late November deal.

A lot is being written about these figures showing that we are increasingly shopping online, particularly mobile, but that’s a continuation of what we already know. It’s a trend that has been noticeable for a while now. The real importance to me is that these figures show we have changed the way we shop and retailers and their marketing teams will have to accept it. There is no late recovery once the bargains have been snapped up in November. It was a pipe dream that hasn’t panned out. People buy in the sales a month early and congratulate themselves on having “done” Christmas.

‘Black Friday’ has ominous history

Article Source: “Black Friday” and “Black Monday” entries in The Oxford English Dictionary.

YOU say you shopped for Christmas bargains November 25, Black Friday. Or not! You couldn’t buck the crowd, right? The term, “Black Friday”, originated, it seems, in 1951, in reference to the congestion caused by hordes of shoppers in Philadelphia, and later as a day on which retailers’ sales accounts went from red to black.

And on the negative side, an industry publication, “Factory Management & Maintenance” complained, “Friday-after-Thanksgiving-itis is a disease second only to the bubonic plague in its effects. When you decide you want to sweeten up the holiday kitty, pick Black Friday to add to the list.”

A “Black Friday” occurred as early as the year 1610, in England. Not a day of shopping, students dubbed it examination day in the nations’ schools.

Black Fridays have long been a bane in both England and America. Friday 6, December, 1745, was the date on which the landing of the Young Pretender to the English throne, Bonnie Prince Charlie, was announced in London. Black Friday was the name given to May 11, 1866, the day on which a commercial panic caused the failure of the London banking house, Overend, Gurney, & Co.

Black Friday, September 24, 1869, a day of financial panic on Wall Street, brought on by the introduction into the financial market of a large quantity of government gold. In 1970, in remembrance, W.W. Fowler wrote, in Ten Years in Wall Street, “The sun rose up lightly and brightly on the morning of that black-Friday, September 24, 1869, as though the day were to be a jocund one.”

The Sunday Mail, Jan 25, 1991: “Practically no one foresaw that money and share prices in 1987 had reached dangerously high levels. ‘Black Monday’, October 1987, The Federal Reserve had to promise to supply enough money to keep business going.”

The Wall Street Journal November 27, 2006, reported, “Despite aggressive discounting throughout November and on Black Friday, WalMart Stores Inc. reported its weakest monthly sales in more than 10 years.” In 2009, Black Friday bankrupted investment houses and caused 25 suicides in New York City.

Let’s not stop with Black Fridays. We have had Black Mondays too. A popular belief in the unlucky character of Mondays is shown in British sources from the Old English period. In 1600, Shakespeare, in Merchant of Venice: “It was not for nothing that my nose fell a bleeding on black monday last.

Easter Monday 1916 was dubbed Black Monday in remembrance of the extreme cold on April 14, 1360, when large numbers of Edward III’s army died standing before Paris in severe frost.

In 1997, the publication “Big Issue,” June 9 reported, “Yuppie culture was predominantly an Eighties phenomenon, reaching its apogee with the Big Bang of October 1986, and its nadir with Black Monday a year later.

Whether Friday or Monday, black has colored a day of financial collapse, natural disaster, terrorism, military defeat, and, of course, shopping.

November 2016 Sales Report

Black Friday and Cyber Monday have become two highly anticipated “holidays” by US consumers looking for big savings, with November 2016 sales results the most successful ever. Not only did Black Friday rake in $3.35 billion in sales, but Cyber Monday also racked up even more with $3.45 billion in sales, which is a 12.1% increase from last year. In total, $12.81 billion was spent between November 24 and November 28.

The online retailer garnering the most visits on Cyber Monday was Amazon.com Inc. (NASDAQ: AMZN). Filling out the top five were eBay Inc. (NASDAQ: EBAY), Wal-Mart Stores Inc. (NYSE: WMT), Kohl’s Corp. (NYSE: KSS) and Target Corp. (NYSE: TGT). According to comScore, 130 million Americans visited an online retail property on Monday using a desktop or mobile device.

According to Forbes, two of the most popular items to buy were electronics and toys. The five best-selling electronics from Black Friday were Apple iPads, Samsung 4k TV’s, Apple’s MacBook Air, LG Televisions and Microsoft XBox, while the five best-selling toys were Lego Creator Sets, electric scooters from Razor, Nerf Guns, DJI Phantom Drones, and Barbie Dreamhouse.

Here’s a few of the notable results from the 2016 Black Friday and Cyber Monday shopping:

  • Mobile shopping stole the show
  • Retailers were prepared
  • Amazon continues to dominate

As we near the finish line of the holiday shopping season 2016 and head new year, it’s important for online retailers to Prepare for next Cyber November.

 

Customer Bought iPhone Every 2 Seconds on Cyber Monday

Cyber Monday Sales Hit a New All-Time Record in 2016. It’s official: Cyber Monday 2016 was the biggest day in the history of U.S. e-commerce.

According to data collected by eBay DataLabs on Cyber Monday on November 28, the most popular gadget of the holiday season so far–based on actual purchases–is the Apple iPhone 7. Specifically, they purchased the 128GB model that costs $710 exactly once every two seconds. The only other item to sell that quickly? Perfume, Right.

If you’re like me, you maybe didn’t realize eBay even provided this type of data, but it’s incredibly valuable if you’re wondering which gifts to buy over the holidays, which products are trending with customers, or if you are in the market to buy a new gadget yourself. Some of the other data they released for 2016 Cyber Monday is also interesting.

For example, the prime shopping time for desktop users is over lunch–starting at 12PM. Yet, for mobile users, the most purchases occurred in the evening at 7PM.

Other than the iPhone 7, smartphones in general were hot items. A customer bought one every two seconds. The second most common item sold? That would be a laptop, even though there’s a perception that everyone who wants a laptop already has one or that these mainstay devices for business are not as popular as they once were.

In electronics, the most popular consumer device on Cyber Monday was the Microsoft Xbox One S, beating out the Apple MacBook Air 13.3″ LED with an Intel Core i5 processor, 8GB RAM, and 128GB of storage (second place) and the GoPro Hero 3+ Silver Edition (third place).

The GoPro Hero is a surprise. The company has struggled to recapture (no pun intended) their former glory in the action sports market and recently announced more layoffs.

The Apple Watch ranked in the middle of the pack–someone bought that device every 12 seconds on Cyber Monday. Drones were sold about every 16 seconds.

Consumers spent $3.45 billion online on Monday, according to Adobe Digital Insights, easily blowing past initial estimates and continuing a strong Thanksgiving-Black Friday weekend when a number of brick-and-mortar retailers, including Walmart WMT 0.34% , Kohl’s KSS 2.02% , and Target TGT 0.75% beat company records for digital sales.

As for chats with the AI-powered shopping assistant available through eBay, DataLabs reports that headphones and speakers were the hottest topics but the iPhone and laptops were actually more common as purchases. It’s possible more people wanted to talk about these consumer product lines but actually bought other items.

You can browse the DataLabs site to find other trends, especially as you start thinking about who is buying which gadgets for the holidays and which devices are not on the list. Don’t see too many Samsung phones? That might have something to do with the ongoing battery problems. Also curiously missing? Any of the recent virtual reality headsets.

On Monday, Amazon.com, AMZN -0.92% —by far the largest online retailer in the U.S. with total sales of about $80 billion—said it was on pace for its biggest day ever.

Knowing the iPhone is even more popular than any os us imagined explains a bit about why Apple is building the most amazing office space ever. Maybe the company will eventually figure out how to make the iPhone last more than a day.

CA) Rises 11.97% for 30 November 2016: Black Diamond Group Limited

30 November 2016 was a positive day for Black Diamond Group Limited, CA as its stock finished the day having gained 11.97% to hit a price of $3.46 a share. The company reached a market cap of 160.87 million and has 46.5 million shares outstanding. Black Diamond Group Limited is a component of the the S&P/TSX SmallCap Index.

540,346 shares changed hands over the course of the day as compared to an average volume of 224,432 over The Month Of November 2016 for Black Diamond Group Limited.

Black Diamond Group Limited has hit a high of $7.39 and reached a low of $2.97 over its last year of trading. The stock’s 50-day SMA is now $4.10 and 200-day SMA is $4.50. As for its price valuations, the P/E ratio is at 0 and P/B is now 0.46.

The stock of the Black Diamond Group Limited is trading at very attracting levels and offers a potential return on investment over 100% in next two to three years investment.

Black Diamond Group Ltd provides workforce accommodation, modular buildings, energy services and full turnkey lodging and project solutions including planning and management, logistics and catering to customers in Canada, US and Australia.. The company makes its home in Calgary, AB, and is currently under the leadership of CEO Trevor Haynes.

Black Diamond Group Limited (BDI.TO) currently has a 14-day Commodity Channel Index (CCI) of 62.85. Dedicated investors may choose to use this technical indicator as a stock evaluation tool. Used as a coincident indicator, the CCI reading above +100 would reflect strong price action which may signal an uptrend, Reported By http://wsconfidential.com/

The S&P/TSX SmallCap Index tracks over 200 Canadian small-cap stocks for cumulative performance. Relying on market cap weighting to calculate returns, it’s an index similar in composition to the Russell 2000, only focused on Canadian companies and much smaller in terms of its total membership. Widely recognized as the benchmark for small-cap Canadian stocks, the member companies must have a market cap between C$100 million and C$1.5 billion and an average share price of at least C$1.

Black Diamond Group Limited is a Canadian company, which rents and sells modular workforce accommodation and space rental solutions to clients in Canada, the USA and Australia. The company has a market cap of $133.20 million.

The Firm offers lodging and other support services related to remote workforce accommodation and space rentals. It currently has negative earnings. It operates through the divisions, including Structures, Logistics, Energy Services and International.

To know more about Black Diamond Group Limited, please visit www.blackdiamondgroup.com or see stock chart on Yahoo Finance.

November Auto Sales: Black Friday & Cyber Monday Bounce

After months of downward swings in sales, the U.S. auto industry finally got a breather in November. Between Black Friday incentives, the 2016 election being resolved and the month of November boasting two more selling days in 2016 than it did in 2015, things are looking up.

The reversal was not dramatic, but it’s a good sign that the summer/fall slump was only temporary.


Phil LeBeau, reports on a “good, but not great” weekend for autos, and November auto sales expectations.

GM and Ford both posted great numbers in November. Only Buick remains up YTD for the General, but not a single brand failed to post a double-digit improvement last month.

FCA, on the other hand, took a bit of a beating. Ram bucked the trend, posting another good month, but the others struggled.

Across the industry, numbers were generally good. Mazda continues to be stagnant, slipping slightly compared to 2015. Volkswagen had a solid month, keeping well ahead of the numbers that marked the beginning of its inventory struggles a yea ago.

In the luxury space, Mercedes-Benz finished just ahead of Lexus with BMW trailing by a few thousand. Barring a December holiday miracle, we expect that’s where they’ll finish for the year.

Auto sales drive to record high in November 2016. November 2016 was quite an eventful month for the U.S. & Indian automotive sector.