Category Archives: Home & Garden

Unemployment Falls to 3.7% in September

The labor market continues to be very strong as total employment increased by 134,000 and the unemployment rate declined by 0.2 percentage point to 3.7%

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New Homes Built with Private Wells and Individual Septic Systems in 2017

NAHB Economics analysis of the Survey of Construction (SOC) data shows that about 9% of new single-family homes started in 2017 were served by individual

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Share of New Homes with Decks Remains Stable

Of the roughly 850,000 single-family homes started in 2016, 23.8 percent included decks, according to NAHB tabulation of data from the Survey of Construction (SOC,

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5,000+ Square Foot Homes Essentially Unchanged in 2017

According to the Census Bureau’s Survey of Construction, the share of new homes started with 5,000 square feet or more of living space stood at

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Slight Increase in Mortgage Rates in September

The Federal Housing Finance Agency reported that mortgage rates on purchases of newly built homes (MIRS) rose by three basis points over the month of

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U.S. Personal Income and Spending Rise in August

Personal income climbed 0.3% in August after increasing by the same margin in July, according to the most recent data release from the Bureau of

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Southwest Region Led GDP Growth in the First Quarter of 2018

Real gross domestic product (GDP) increased in 48 states and the District of Columbia, declined in North Dakota and remained unchanged in Arkansas in the first

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Fed Raises Funds Rate

As expected, at the conclusion of its September meeting the Federal Reserve’s Open Market Committee raised the short-term federal funds rate 25 basis to a range

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Home Price Growth Slowed in July

The S&P/Case-Shiller and the Federal Housing Finance Agency (FHFA) released their home price indices for July 2018. National home prices rose at the slowest annual

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Northeast and Midwest Lags in Job Gains in August

Over the year, total nonfarm employment in July increased by 2.3 million jobs which is a 1.6% increase compared to August 2017. During this time,

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