August Existing Home Sales Down 2%

Existing home sales fell in August, the first decline in three months, the National Association of Realtors reported Wednesday.

Housing Starts Post Solid August Increase

Home builders liked what they saw in August—HUD and the Census Bureau said August housing starts rose by nearly 4 percent from July, almost entirely by multifamily activity, and by more than 17 percent from a year ago.

Employers Add 235,000 August Jobs

U.S. employers added 235,000 jobs in August—considerably below July’s massive 1.05 million job gain—as the economy struggled to hold momentum amid rising Delta variant coronavirus cases, the Bureau of Labor Statistics reported Friday.

July New Home Sales Post 1% Increase

New single‐family home sales posted a modest 1 percent increase in July amid more signs of a stabilizing housing market, HUD and the Census Bureau reported Tuesday.

Rent Prices Soar Beyond Pre-Pandemic Projections

A strong and widespread recovery of rents has pushed prices beyond where they would have been had the coronavirus pandemic never occurred, reported Zillow, Seattle.

July Housing Starts Fall 7%

July housing starts fell by 7 percent, the Census Bureau reported yesterday, a disappointing result as home builders continue to be hamstrung by pipeline and labor shortages.

Hiring Heats Up in July

The labor market surged again in July with 943,000 new jobs created, the Bureau of Labor Statistics reported Friday.

June Jobs Report Blows Past Expectations

Total nonfarm employment increased by 850,000 in June, the Bureau of Labor Statistics reported Friday, well above expectations amid rising demand for services hit hard by the coronavirus pandemic.

May Housing Starts Seesaw Back on Track

One step back; one step forward. Housing starts have alternated between up and down during 2021, and in keeping with the pattern, improved in May after declining in April, HUD and the Census Bureau reported Wednesday.