unemployment Archive

Homebuying Continues to Pick Up in March 2019 Amid Favorable Economic Conditions

With economic conditions working in favor of homebuyers, REALTORS® reported an uptick in homebuying traffic in March 2019 compared to one year ago, according to NAR’s March  2019 REALTORS® Confidence Index Survey.[1] Low mortgage rate, a record low unemployment...

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...

Apartment Supply Outpaces Demand in Q1.2017

Economic activity slowed in the first quarter of 2017, despite a milder-than-usual winter. Based on the second estimate of real gross domestic product (GDP) from the Bureau of Economic Analysis (BEA), the United States economy rose at an annual...

Retail Vacancies Decline In Q1.2016

The U.S. economy sputtered during the first quarter of 2016, as global economic activity throttled back and companies found financial markets’ volatility unsettling. Based on the first estimate from the Bureau of Economic Analysis, real gross domestic product (GDP)...

Latest Employment Report (October 2015)

Big numbers on employment with a whopping 271,000 net new job creation in October. Over the past 12 months the tally comes to an impressive 2.8 million net new jobs. Real estate can therefore expect further expansion. Even better...