Weekly pending home sales increased 15.36% year over year and purchase applications rose 31%, supported by mortgage rates under 6.64% for 15 weeks. AI Summary Last week was a solid week for housing ...
(Bloomberg) -- ADP Research will now be releasing US payroll data on a weekly basis, in addition to its monthly report, to provide high-frequency insights into the labor market. The figures, which are ...
The housing market saw a seasonal inventory drop alongside a 15.6% rise in pending sales year over year, indicating stronger buyer activity. AI Summary Last week, housing inventory levels decreased ...
An unsettled labor market is usually an indication of a troubled economy. In fact, a rapidly increasing unemployment rate characterizes the start of recessions. Therefore, a timely and accurate ...