The graph below plots the share for housing services and RFI, along with housing’s total share of nominal GDP. Housing service expenditures are much less volatile when compared to RFI due to the ...
The Federal Reserve maintained the federal funds rate at a target range of 3.75% to 4% at the conclusion of its October policy meeting. Approved by a 10–2 vote, the decision followed September’s ...
The U.S. economy grew at a faster pace in the third quarter of 2026, supported by stronger consumer spending, robust business investment, and increased government spending. However, residential ...
The Federal Reserve’s preferred inflation gauge accelerated in September after holding at 3.0% for three consecutive months, complicating the Fed’s path to its 2% target. Consumer spending continued ...
The latest homeownership rate reached 65.5% in the third quarter of 2026, according to the Census’s Housing Vacancy Survey (HVS). While this was a modest quarterly decrease, the broader picture ...
Among these three divisions, West North Central recorded the largest average finished basement area at 957 square feet (sq. ft.), followed by Middle Atlantic (830 sq. ft.) and New England (810 sq. ft.
High mortgage rates and economic uncertainty continued to keep potential home buyers on the sidelines and constrain new home sales in September. New home sales declined from August and remained below ...
Electricians are expected to record the largest increase, adding 65,700 jobs between 2025 and 2035. Heating, air conditioning, and refrigeration mechanics and installers are projected to gain 40,900 ...
Non-conventional forms of financing (as opposed to conventional mortgage loans) include loans insured by the Federal Housing Administration (FHA), VA-backed loans, cash purchases, and other types of ...
Rising mortgage rates, energy and material costs, and worsening labor and lot conditions have pushed builder sentiment to a 14-year low.
Multifamily starts, which include apartment buildings and condominiums, decreased 6.7% from August to September to an annualized 362,000 pace. The three-month moving average for multifamily ...
Over the 12 months ending in September, total nonfarm employment increased by 496,000 jobs nationwide, representing a 0.3% gain. Job gains ranged from 400 in Hawaii to 154,300 in Texas. Collectively, ...
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