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 3.9%. 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