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Inflation Up 2.6% Year-Over-year

The U.S. Bureau of Labor Statistics is reporting that the Consumer Price Index for All Urban Consumers (CPI-U) increased 0.2% in October, 2024...
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Real Estate

CoreLogic’s US Home Price Insights – November 2024

According to the latest CoreLogic Home Price Insights (HPI) report, home prices nationwide, including distressed sales, increased year over year by 3.4% in...
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Real Estate

U.S. Construction Spending Remains Steady

The U.S. government is reporting that total construction spending in September, 2024 was at a seasonally adjusted annual rate of $2,148.8 billion, which...
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Real Estate

S&P CoreLogic Case-Shiller Sees 4.2% Annual Gain in August

“Home price growth is beginning to show signs of strain, recording the slowest annual gain since mortgage rates peaked in 2023…As students went...
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Real Estate

GDP Up 2.8% in Q3 2024

According to their “advance” estimate, the U.S. Bureau of Economic Analysis is reporting that America’s real gross domestic product (GDP) increased at an...
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Real Estate

U.S. Homeownership & Rental Vacancy Rates for Q3 2024

The U.S. government is reporting that the national vacancy rates for Q3, 2024 were 6.9% for rental housing and 1% for homeowner housing. ...
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Real Estate

Commercial Foreclosures Spike in September with Significant Year-Over-Year Increase

According ATTOM Data, commercial foreclosures increased 15% from September and 48% from one year ago. The report says commercial foreclosures remain elevated and...
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Real Estate

Unemployment Rate Remains Above 4% in October

According to the U.S. Department of Labor’s Bureau of Labor Statistics, total nonfarm payroll employment increased by 12k in October, 2024 with the...
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