Housing ever costlier in July, despite inflation’s sudden dropoff

A steep drop in gas prices offset the rising costs of housing and food for many families. Prices were still up 8.5 percent year over year, says a report from the U.S. Bureau of Labor Statistics. Continue reading

Housing costs eyed as major culprit in latest 9.1% inflation hike

Housing costs were one of the biggest drivers of inflation in June, pushing higher at a pace unseen since 1990, according to a report Wednesday from the Bureau of Labor Statistics. Continue reading

June jobs report reveals impact of layoffs on real estate industry

Fears of impending recession and a slew of prominent layoff announcements put only a moderate damper on real estate hiring last month, according to the U.S. Bureau of Labor Statistics. Continue reading

Amid market jolt, hiring continues in residential development sector

Employers added 16,700 residential construction jobs in May on a seasonally adjusted basis, nearly doubling the national rate of job growth, according to new Department of Labor figures. Continue reading

Women in construction must be tough as nails to get opportunities

Women working in construction today who Inman spoke with said they feel like minorities at work, and that sometimes they have to work a lot harder than individuals of the opposite sex in order to climb the construction corporate ladder. Continue reading

From ‘Belfast’ to ‘Dune,’ the homes of every Oscar Best Picture nominee

Inman rounded up the homes most prominently featured in this Sunday’s Academy Awards for Best Picture, and broke them down by time, place and estimated home price, as well as what they would cost today, for all the movie buffs following along during th… Continue reading

New jobless claims see unexpected rise, surpassing pre-COVID record

Initial jobless claims for the week ending March 27 rose to 719,000, a number that surpassed the pre-coronavirus record, just one week after filings hit a pandemic low. Continue reading

Employment falls for first time in a decade, full picture yet to emerge

The real estate sector lost 3,400 jobs in the first two weeks of March. The numbers don’t reflect 10 million claims filed over the past two weeks. Continue reading