CMF Quote of the Week: June 13, 2024

“Demand from young renters remains high, as many of them are opting to stay put rather than contend with an increasingly unaffordable homebuying market.”
–Redfin Senior Economist Sheharyar Bokhari

Jobs Report: 272,000 Added in May

The U.S. Bureau of Labor Statistics announced nonfarm payroll increased by 272,000 and the unemployment rate was at 4% in May.