I discussed this on this episode of the HousingWire Daily podcast and today I’ll show the key data line that explains why this is the case. From Census: New Home Sales: Sales... Read more »
Residential construction fell to its lowest point since May 2020, according to an October U.S. Census Bureau report that was delayed by last year’s government shutdown. Widening air pockets of demand over... Read more »
From BLS: Both total nonfarm payroll employment (+50,000) and the unemployment rate (4.4 percent) changed little in December, the U.S. Bureau of Labor Statistics reported today. Employment continued to trend up in... Read more »