Housing – New One Family Houses Sold Total NSA
Housing – New One Family Houses Sold Total NSA U.S. new home sales plunged more than expected, which does not bode well for the U.S. housing market. Image: The Daily Shot
U.S. Consumers – Z-Scored University of Michigan Buying Conditions
U.S. Consumers – Z-Scored University of Michigan Buying Conditions Consumer buying conditions for durable goods, vehicles and homes are at their worst since 1980. Image: Arbor Research & Trading LLC
Housing – U.S. Median Famility Income to Mortgage Cost
Housing – U.S. Median Famility Income to Mortgage Cost This chart suggests that relative to family incomes, buying a home in the U.S. is currently quite affordable by historical standards. Image: Gavekal, Macrobond
U.S. States Restrictions during the Coronavirus Outbreak
U.S. States Restrictions during the Coronavirus Outbreak Twenty-three states have closed non-essential businesses and have issued stay-at-home orders. Image: CNBC
U.S. Jobs of the 2010s
U.S. Jobs of the 2010s Jobs in tech, construction, home health and fitness center were among the fastest growing of the decade. Image: Reuters
U.S. Housing Forecasts
U.S. Housing Forecasts The 12-month forecast suggests that housing starts, building permits and home sales are on the rise. Image: Arbor Research & Trading LLC
U.S. Unemployment Rate: Black or African Americans
U.S. Unemployment Rate: Black or African Americans The U.S. unemployment rate of Black or African Americans stands at 6.3%, while the civilian unemployment rate stands at 3.7%, near its lowest level in almost 50 years. You may also like “Homeownership Disparity Deepens.”
Housing Usually Heats Up in the Summer
Housing Usually Heats Up in the Summer This great chart shows that U.S. home sales usually heats up in the summer. Image: Leonard Kiefer
History of the Real Federal Minimum Wage
History of the Real Federal Minimum Wage Today, the real federal minimum wage is worth 31% less than in 1968. It is also the longest period without an increase (adjusted for inflation). You may also like “Wage Growth vs. U.S. Home Price Growth.” Image: Economic Policy Institute
What Are the Average Interest Rates for Fixed-Rate Mortgages Since the Great Recession?
What are the Average Interest Rates for Fixed-Rate Mortgages Since the Great Recession? Keep in mind that mortgage lending is down, because there aren’t enough houses on the market to meet demand and the increase in rates does not help either since 2017. However, the decline in interest rates since the end of 2018, helps…