October Housing Starts Fall

Privately-owned housing starts were at a seasonally adjusted annual rate of 1,311,000, the U.S. Census Bureau and U.S. Department of Housing and Urban Development jointly announced Nov. 19.

CoreLogic: Homeowner Equity Continues to Increase

CoreLogic, Irvine, Calif., released its Homeowner Equity Insights report for the second quarter, finding that U.S. homeowners with mortgages saw their overall equity increase by 8% year-over-year.

142,000 Jobs Added in August, Unemployment Rate Stagnant

The U.S. Bureau of Labor Statistics released jobs data from August, finding that total nonfarm payroll enrollment increased by 142,000. The unemployment rate changed little at 4.2%.

New Home Sales Drop 11% in May

New home sales fell significantly in May–to the weakest pace since late 2023, the U.S. census Bureau reported yesterday.