March Existing Home Sales Down 2.4%
Existing home sales edged lower in March, marking a muted start to the spring housing market, the National Association of Realtors reported Thursday.
Zillow: Younger Generations Believe in Homeownership, But Don’t Know How To Achieve It
The American dream of homeownership is not dead for Generation Z and Millennials, but they believe their path to get there will be challenging and may require some luck, reported Zillow, Seattle.
JLL: Cloud Computing, AI Drive Data Center Growth
The mass adoption of cloud computing and artificial intelligence is driving “exponential” growth for data centers, reported JLL, Chicago.
MBA/Urban Institute Report Finds IMB Lending to Minority Neighborhoods/Borrowers Exceeds Banks
A report by the Urban Institute, commissioned by the Mortgage Bankers Association, found independent mortgage bank lending to low- and moderate-income neighborhoods, predominantly minority neighborhoods and LMI predominantly minority neighborhoods is much higher than bank lending in those neighborhoods.
Jobless Claims Rise Again as Job Market Shows Signs of Softening
Initial claims for unemployment insurance rose for the fifth time in seven weeks and surpassed pre-pandemic levels, the Labor Department reported Thursday.
