Tag Archives: Bureau of Labor Statistics

Interest rates surge again on surprisingly strong jobs report

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Employers added 336,000 jobs in September, the biggest jump since January, raising the odds that the Fed will pursue “higher for longer” rate strategy. Continue reading →

Housing costs remain stubbornly high despite relief on food, energy

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The U.S. Consumer Price Index cooled to 5 percent in March compared to a year ago, but remained elevated overall despite efforts from the Federal Reserve to curb inflation, according to the Bureau of Labor Statistics. Continue reading →

‘Just a freakish bit of data’: Sticker shock imperils spring home demand

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Economists revealed to Intel how mortgage rates and inflation will bring the spring homebuying market back toward historical norms and become the new sales benchmark for years to come. Continue reading →

Housing still biggest contributor as inflation slowed pace in February

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While the Consumer Price Index jumped a modest 0.4 percent month over month, the collapse of Silicon Valley Bank and Signature Bank could keep interest rate hikes at bay, economists said Tuesday. Continue reading →

Housing still biggest contributor as inflation slowed pace in February

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While the Consumer Price Index jumped a modest 0.4 percent month over month, the collapse of Silicon Valley Bank and Signature Bank could keep interest rate hikes at bay, economists said Tuesday. Continue reading →

Housing singled out as largest contributor to inflation: Economists

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Housing costs were the biggest contributor to inflation in January, according to new data from the Bureau of Labor Statistics. Increased food and energy costs were smaller by comparison. Continue reading →

Real estate hiring keeps pace with strong US jobs growth

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Real estate employers — a category that includes brokerages — added 6,100 jobs in April, a rate that matched national monthly jobs growth. Continue reading →

Real estate hiring beats national job gains again in March

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Brokerages and other real estate companies added 6,300 new jobs in March, a rate of payroll growth that exceeded that of the United States at large. Continue reading →

Jobs report disappoints, but real estate hiring keeps rolling along

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Homebuilders and real estate firms posted strong hiring trends even as a federal jobs report came up far short of expectations for November. Continue reading →

Prices for home construction materials dip for first time in 2021

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Builders got a break in August from the price increases of previous months, but the unpredictable swings in costs remained unwelcome. Continue reading →