Economic Updates Archive

The Latest on Home Prices

Recent housing price data at the national level suggests that home prices continue to increase at a strong pace—faster than what would be considered typical. Strong buyer demand and low inventories coupled with still relatively low levels of new...

State Job Growth Comparisons – April 2016

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Latest Consumer Price Inflation (February 2016)

The overall consumer inflation was virtually unchanged in February but some components are picking up steam thereby raising the prospect of a higher inflation and higher interest rates next year. Specifically, the overall consumer price index fell by 0.2...

Latest New Home Sales (December 2015)

Home sales of newly constructed homes rose solidly in December. The latest tally is the second highest monthly sales pace in nearly eight years. The annual total is the best in nearly a decade. The gain also affirms the...

Did you know? The Minimum Wage

On January 1, 2016 the minimum wage will rise in 14 states. What is the minimum wage in your area? How do minimum wage workers interact with the housing market in your area? Regardless of one’s position on the...