Housing Builder Confidence Rallies to Pre-Pandemic Level in July In a strong signal that the housing market is ready to lead a post-COVID economic…Karen ZitoJuly 16, 2020
Housing GDP Decreases in All States and D.C. in the First Quarter of 2020 Real gross domestic product (GDP) decreased in all 50 states and the District of Columbia, in the first…Karen ZitoJuly 13, 2020
Housing Total Consumer Credit in May Decreases The Federal Reserve’s latest G.19 Consumer Credit Report shows trends in consumer credit, excluding loans secured by…Karen ZitoJuly 9, 2020
Housing Mortgage Purchasing Reaches Highest Level in over 10 Years The Mortgage Bankers Association’s (MBA) latest Weekly Application shows an uptick in applications for the…Karen ZitoJuly 8, 2020
Housing Economic Well-Being of U.S. Households (Part 2) The Federal Reserve Board recently released its Report on the Economic Well-Being of U.S. Households. The…Karen ZitoJuly 8, 2020
Housing Construction Hiring Surged in May After an accelerated pace of layoffs in March and April, construction sector hiring roared back…Karen ZitoJuly 7, 2020
Housing Treasury-Mortgage Spread Stays Constant in June The 30-year fixed-rate mortgage rate has been known to follow, albeit loosely, the 10-year Treasury…Karen ZitoJuly 6, 2020
Housing U.S. Added 4.8 Million Jobs in June In June, total payroll employment rose by 4.8 million and the unemployment rate dropped to…Karen ZitoJuly 2, 2020
Housing Initial Jobless Claims Continue to Decline While weekly initial jobless claims decreased for the 13th straight week, continuing claims, which lags…Karen ZitoJuly 2, 2020
Housing Private Residential Spending Declined in May; Significant Revisions for Improvement Spending NAHB analysis of the Census Construction Spending data shows total private residential construction spending stood…Karen ZitoJuly 1, 2020