Jobless Claims Rise, Total Claims Continue to Fall The unadjusted new jobless claims totaled 743,460 in the week ending November 14, an increase of 3% from the previous week. By: Nadia Evangelou Powered by WPeMatico
REALTORS® Confidence Index: October 2020 REALTORS® report “Covid and elections” as the major issues affecting transactions in October 2020. By: Brandon Hardin Powered by WPeMatico
More Homebuyers Purchasing Property in the Suburbs NAR’s October REALTORS® Confidence Index Report indicates that there is a demographic shift from the cities to the suburbs, or to smaller counties. By: Scholastica (Gay) Cororaton Coronavirus Powered by WPeMatico
Weekly Retail Update: November 20, 2020 Temporary retail store closures experienced earlier in the year have returned. By: Brandon Hardin Coronavirus Powered by WPeMatico
October 2020 Existing Home Sales Climb to 6.85 Million Housing market activity this October increased 4.3% from September 2020, and sales of existing homes jumped 26.6% from October 2019. By: Michael Hyman Powered by WPeMatico
Instant Reaction: Quarterly E-Commerce Seasonally adjusted estimates of the U.S. retail e-commerce sales for Q3 2020 decreased from the Q2 2020 estimate of $211.5 billion to $209.5 billion. By: Brandon Hardin Powered by WPeMatico
Instant Reaction: Mortgage Rates, November 19, 2020 Mortgage rates hit another record low this week for the thirteenth time this year. By: Nadia Evangelou Mortgage Financing Powered by WPeMatico
Instant Reaction: Retail Trade Sales Seasonally adjusted advanced estimates of U.S. retail and food services sales increased over the prior month as October sales continued the trend. By: Brandon Hardin Commercial & Investment Real Estate, Retail Properties Powered by WPeMatico
Jobless Claims at Lowest Level Since Start of Pandemic The number of people applying for extended benefits is rising at a slower pace, implying that many people are able to find a job. By: Nadia Evangelou Powered by WPeMatico
Housing Affordability Declines in September 2020 At the national level, housing affordability declined in September 2020 compared to a year ago but rose compared to August. By: Michael Hyman Powered by WPeMatico