According to the Commerce Department, the GDP rose 33.1 percent in the third quarter of 2020, due to increased consumption and residential investments. Source: Inman…
Posts published in “economy”
August’s home price index was the largest in two years, according to the S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index. Source: Inman News
The housing market has been ablaze since the summer, but a lack of homes on the market is finally slowing pending-home sales, according to a…
A dip in prime age participation usually goes hand-in-hand with slower wage growth, according to Odeta Kushi, the deputy first economist at First American. Source:…
The pandemic continues to roil the economy and disrupt daily life. Let Inman know how you’re doing right now by taking this short survey. Source:…
The U.S. unemployment rate fell to 8.4 percent in August, according to new data released Friday by the U.S. Bureau of Labor Statistics. Source: Inman…
NAR Chief Economist Lawrence Yun said he believes home sales will be slightly ahead of 2019 and then up even more in 2021, rising 8…
Candidate Joe Biden’s campaign plan is to eliminate certain preferences for real estate, and one major area the plan focuses on is the elimination of…
Purchase activity was up 19 percent year over year, an increase for the ninth-consecutive week, according to new Mortgage Bankers Association data. Source: Inman News