Inflation Hitting Millennial, Gen Z Renters Harder than Others
Millennials who took on a new rental lease in July saw their overall cost of goods and services increase 11.6% year over year, substantially higher than 8.5% for the U.S. population as a whole, said Redfin, Seattle.
HUD Publishes Fiscal Year 2023 Fair Market Rents
HUD on Thursday published Fair Market Rents for fiscal year 2023.
July Construction Spending Tapers
Construction spending fell in July, marking the second consecutive monthly drop, the Census Bureau reported Thursday.
Initial Claims Ease Ahead of Holiday
In the third of four major employment reports this week, the Labor Department reported initial claims for unemployment insurance fell for the third straight week ahead of the Labor Day weekend to the lowest level since July.
FHFA Announces ‘Comprehensive Review’ of FHLB System
The Federal Housing Finance Agency on Wednesday announced it will conduct a comprehensive review of the Federal Home Loan Bank System beginning this fall.