Eli

The US economy grew in the past quarter, though not as strongly as it had previously. Unemployment is holding steady at 3.7%. Workers’ earnings fell to $941/week this month, though the long-term trend is positive. Rental vacancies are trying to escape their downward trend, with the national rate ticking up to 7.1%. Home ownership continues to rise, with the national rate climbing up to 64%. Home building applications continue to rise this month and quarterly housing prices continue to rise a further 1.5%. [Read more…] about U.S. Market Recon – December 2018

The US economy grew in the past quarter, though not as strongly as it had previously. Unemployment is holding steady at 3.7%. Workers’ earnings continue to rise, with average earnings climbing to $942/week. Rental vacancies are trying to escape their downward trend, with the national rate ticking up to 7.1%. Home ownership continues to rise, with the national rate climbing up to 64%. Home building applications continue to fall this month and quarterly housing prices continue to rise a further 2.4%. [Read more…] about U.S. Market Recon – November 2018

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 3.7%. Workers’ earnings continue to rise, with average earnings climbing to $940/week. Home ownership continues to rise, with the national rate climbing up to 64%. Home building applications continue to rise this month and quarterly housing prices continue to rise a further 2.4%. [Read more…] about U.S. Market Recon – October 2018

The US economy grew in the past quarter picking up the pace from the previous quarter. Unemployment is holding steady at 3.9%. Workers’ earnings continue to rise, with average earnings climbing to $937/week. Home ownership continues to rise, with the national rate climbing up to 64%. Home building applications are losing their upward momentum this month and quarterly housing prices continue to rise a further 2.4%. [Read more…] about U.S. Market Recon – September 2018

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 3.9%. Workers’ earnings continue to fall, with average earnings declining to $934/week. Home ownership continues to rise, with the national rate climbing up to 64%. Home building applications are losing their upward momentum this month and quarterly housing prices continue to rise a further 2.4%. [Read more…] about U.S. Market Recon – August 2018