The numbers suggest that the labor market cooled off much faster than was previously thought and is not in as strong a position as believed. The Federal Reserve now also has a case to make a bigger cut in interest rates than initially anticipated come … Continue reading
Real estate didn’t shed an unusual number of workers in August. But there are fewer jobs than it once seemed. Inman explains the paradox. Continue reading
Home transactions may be down, but you wouldn’t know it from most brokerage payrolls. Real estate hiring churned along in July, according to new data from the U.S. Bureau of Labor Statistics. Continue reading
Despite having cooled for more than a year, the median asking rent in the U.S. remained just $24 below its all-time high as of June 2023, Redfin reported. Continue reading
Builders and residential contractors added nearly 60,000 jobs in June — about 11,000 more than expected for this time of year, according to data released Friday by the Bureau of Labor Statistics. Continue reading
May was a strong hiring month for the U.S. as a whole. But in a down market, real estate didn’t quite keep pace, according to new jobs data released Friday by the Bureau of Labor Statistics. Continue reading
Employers posted another hot hiring month as the spring housing market picked up, exceeding strong overall numbers, according to data released Friday by the U.S. Bureau of Labor Statistics. Continue reading
The start of spring usually marks more brokerage transactions and ramped-up construction schedules. But payroll growth was weaker in March, according to Bureau of Labor Statistics data. Continue reading
The real estate industry got two kernels of good news in the latest jobs numbers from the U.S. Bureau of Labor Statistics. Continue reading
Despite big rounds of layoffs by companies like Compass and Anywhere, payrolls throughout the real estate industry held firm in January, according to a report released Friday by the U.S. Bureau of Labor Statistics. Continue reading