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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 rise, with average earnings climbing to $926/week. Rental vacancies are trying to escape their downward trend, with the national rate ticking up to 7.0%. Home ownership is holding steady at 64%. Home building applications are trying to escape their downward trend this month and quarterly housing prices continue to rise a further 0.9%. [Read more…] about U.S. Market Recon – May 2018

The US economy grew in the past quarter picking up the pace from the previous quarter. Unemployment is holding steady at 4.1%. Workers’ earnings continue to rise, with average earnings climbing to $925/week. Rental vacancies continue to fall, with the national rate ticking down to 6.9%. 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 0.9%. [Read more…] about U.S. Market Recon – April 2018

The US economy grew in the past quarter picking up the pace from the previous quarter. Unemployment is holding steady at 4.1%. Workers’ earnings continue to rise, with average earnings climbing to $923/week. Rental vacancies continue to fall, with the national rate ticking down to 6.9%. 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 0.9%. [Read more…] about U.S. Market Recon – March 2018

The US economy grew in the past quarter picking up the pace from the previous quarter. Unemployment is holding steady at 4.1%. Workers’ earnings fell to $917/week this month, though the long-term trend is positive. Rental vacancies continue to fall, with the national rate ticking down to 6.9%. 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 1.5%. [Read more…] about U.S. Market Recon – February 2018

The US economy grew in the past quarter picking up the pace from the previous quarter. Unemployment is holding steady at 4.1%. Workers’ earnings continue to rise, with average earnings climbing to $919/week. Rental vacancies continue to rise, with the national rate ticking up to 7.5%. Home ownership is trying to escape its downward trend, with the national rate climbing to 64%. Home building applications are losing their upward momentum this month and quarterly housing prices continue to rise a further 1.5%. [Read more…] about U.S. Market Recon – January 2018