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The US economy grew in the past quarter picking up the pace from the previous quarter. Unemployment is losing its upward momentum, with the headline rate ticking down to 3.7%. Workers’ earnings are holding steady at $7,784/week. Rental vacancies are trying to escape their downward trend, with the national rate ticking up to 6.0%. Home ownership continues to rise, with the national rate climbing up to 66%. Home building applications continue to rise this month and quarterly housing prices continue to rise a further 1.9%. [Read more…] about U.S. Market Recon – May 2024

The US economy grew in the past quarter picking up the pace from the previous quarter. Unemployment is losing its upward momentum, with the headline rate ticking down to 3.7%. Workers’ earnings are holding steady at $7,784/week. Rental vacancies are trying to escape their downward trend, with the national rate ticking up to 6.0%. Home ownership continues to rise, with the national rate climbing up to 66%. Home building applications continue to rise this month and quarterly housing prices continue to rise a further 1.9%. [Read more…] about U.S. Market Recon – April 2024

The US economy grew in the past quarter picking up the pace from the previous quarter. Unemployment is losing its upward momentum, with the headline rate ticking down to 3.7%. Workers’ earnings are holding steady at $7,784/week. Rental vacancies are trying to escape their downward trend, with the national rate ticking up to 6.0%. Home ownership continues to rise, with the national rate climbing up to 66%. Home building applications continue to rise this month and quarterly housing prices continue to rise a further 1.9%. [Read more…] about U.S. Market Recon – March 2024

The US economy grew in the past quarter picking up the pace from the previous quarter. Unemployment is losing its upward momentum, with the headline rate ticking down to 3.7%. Workers’ earnings are holding steady at $7,784/week. Rental vacancies are trying to escape their downward trend, with the national rate ticking up to 6.0%. Home ownership continues to rise, with the national rate climbing up to 66%. Home building applications continue to rise this month and quarterly housing prices continue to rise a further 1.9%. [Read more…] about U.S. Market Recon – February 2024

The US economy grew in the past quarter picking up the pace from the previous quarter. Unemployment is losing its upward momentum, with the headline rate ticking down to 3.7%. Workers’ earnings are holding steady at $7,784/week. Rental vacancies are trying to escape their downward trend, with the national rate ticking up to 6.0%. Home ownership continues to rise, with the national rate climbing up to 66%. Home building applications continue to rise this month and quarterly housing prices continue to rise a further 1.9%. [Read more…] about U.S. Market Recon – January 2024