Economy Archive

Instant Reaction: NAR Chief Economist Lawrence Yun on April Jobs Report

The following is NAR Chief Economist Lawrence Yun’s reaction to this morning’s U.S. Bureau of Labor Statistics (BLS) report on the employment situation in April: “Fantastic news on the jobs market as abundant job openings are getting filled. Such conditions...

Instant reaction: NAR Chief Economist Lawrence Yun on March Jobs Report

The following is NAR Chief Economist Lawrence Yun’s reaction to this morning’s U.S. Bureau of Labor Statistics (BLS) report on the employment situation in March: “The job market is quite remarkable as more job creations and wage gains are adding...

No Breakout in Home Sales Despite Good Economy

The economy is quite strong. Job gains for 91 consecutive months have brought the unemployment rate to its lowest level since the year 2000. The latest unemployment rate of 3.8% in May corresponds to 155 million Americans with jobs...

Stressed Over Higher Interest Rates?

Mortgage rates have risen since the election of Donald Trump, from 3.5% to the recent 4.2%. Bond investors are perceiving an economic stimulus package to uplift the economy. More business activity, greater commerce, and faster job growth are certainly...

How Trump’s Presidency Could Impact Real Estate

How will the real estate market be impacted by Donald Trump’s victory and Republicans controlling both chambers of Congress? Though Mr. Trump is a real estate man, his policy platform has been largely vague on real estate proposals.  Here...