Even with wage increases, homes remain unaffordable for many teachers. Which were the cities where teachers could afford a roof?
Read More »The Week Ahead: Focus on Construction Spending and Jobs
This week the Census Bureau releases its data on construction spending and on the employment situation across the U.S. While the construction spending report, which looks at the ...
Read More »Will the Rise in Construction Jobs Ease Supply Constraints?
Jobs in the construction sector led the overall jobs market according to data for February jobs released by the Bureau of Labor Statistics. While the total nonfarm payroll ...
Read More »Consumer Housing Sentiment Slips
The U.S. housing market may be starting to get volatile. Fannie Mae's latest Home Purchase Sentiment Index report found that consumer confidence in housing took a hit in February. The worry ...
Read More »The Week Ahead: Focus on Construction Jobs
The Bureau of Labor Statistics will release its monthly employment data for February 2018 on Friday, March 9 at 8:30 a.m. EST. The report looks at nonfarm payroll ...
Read More »Industry Reacts to Employment Increase
Friday’s employment report for April from the Bureau of Labor Statistics showed strong growth overall, but the same could not be said for the mortgage industry. Industry professionals called the report's mortgage job data "disappointing," but the jump in growth in all jobs could mean further rate hikes from the Fed.
Read More »Rising Wages Are a Good Thing . . . Or Are They?
The headline numbers were lower than expected for the latest Employment Situation from the Bureau of Labor Statistics. The report contained a bright spot, however, in hourly wage gains. How will wage growth affect housing going forward?
Read More »Will ‘Mixed’ Jobs Data Bode Well for Housing?
The headline numbers in the latest Employment Situation from the Bureau of Labor Statistics were positive, but the report contained its negative points—leaving analysts to speculate what the effect of the data will be for housing.
Read More »Data Shows Uneven Recovery Nationwide
The underlying components of the NAHB/First American Leading Markets Index varied greatly, indicating that the nation's economic and housing markets are not quite back up to "normal."
Read More »Jobs Data Means Good and Bad News for Housing
Will the latest BLS Employment Summary deter the Fed from raising the short-term interest rates this year? Not likely, but it contains news that is both positive and negative for the housing market.
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