Economy
Housing
The US economy grew in the past quarter picking up the pace from the previous quarter. Unemployment continues to fall, with the headline rate ticking down to 3.5%. Workers’ earnings continue to rise, with average earnings climbing to $973/week. Rental vacancies are holding steady at 6.8%. Home ownership continues to rise, with the national rate climbing up to 65%. Home building applications continue to rise this month and quarterly housing prices continue to rise a further 1.0%. [Read more…] about U.S. Market Recon – December 2019