According to Realtor.com’s latest Rental Report, the deceleration from rising prices in September may relieve some renters of financial stress. However, rental affordability remains a significant challenge as inflation continues to outpace wage growth.
Read More »Wage Gains Highlight Latest Employment Data
Wage gains, which have been cited repeatedly by analysts as a key to increasing homeownership, has picked up lately. But they could come with some unintended side effects.
Read More »Is the Current State of the Housing Market Able to Bolster Demand?
According to a recent report from Ten-X, how does the state of housing weigh in against slow wage growth and a shortage of home inventory?
Read More »Jobs Report Sends Mixed Signals
The latest employment summary from the Bureau of Labor Statistics contained several positives, but also came with a few disappointments—including one that may have an adverse effect on housing.
Read More »Slow Wage Growth: Not a Sign of a Weak Labor Market
Average earnings took a step backward in February, but this should not be a sign that the labor market is not healthy, according to the San Francisco Fed. But will slow wage growth affect homebuying in the spring?
Read More »Wage Growth Lags Amid Positives in February Employment Summary
In the February Employment Summary from the BLS, Job gains were solid and the labor force participation rate was up, but the average hourly wage declined. How will the lack of wage growth affect the housing market this spring?
Read More »The Week Ahead: Waiting to See if the Jobs Report Measures Up
Will the labor market be able to sustain the solid job growth it experienced in the last three months of 2015?
Read More »Ask the Economist: What Effect Does a Dwindling Foreclosure Volume Have on the Housing Industry?
Ask the Economist is an ongoing series in which DS News talks with an economist about the most pressing issues facing the nation's housing industry and the economy. This installment features Nela Richardson, Chief Economist with Redfin.
Read More »Low- to Moderate-Income Households Struggling in Philadelphia Fed District
While much of the overall economic news has been positive as of late, a survey from the Federal Reserve Bank of Philadelphia released Wednesday indicated that low- to moderate-income (LMI) households are still struggling in the areas of employment and household stability.
Read More »Slow Economic Growth in Q1 Drives Consumer Sentiment Way Down
April's Sentiment Index reading of 95.9 was the second-highest since 2007, second only to January 2015. Curtin said despite the large decline in the index for May, consumers' attitudes toward personal finances and spending habits have stayed positive.
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