Eye On Housing
The U.S. Department of Labor released Unemployment Insurance Weekly Claims Report this morning. Surprising but expected, the weekly initial claims on unemployment insurance surged in the week ending March 21 due to the impact of the COVID-19 crisis. In the week ending March 21, the number of people who applied for unemployment benefits, known as jobless claims, soared to a… Read More ›
The Financial Accounts of the United States for the fourth quarter of 2017 were released by the Board of Governors of the Federal Reserve System recently. In the fourth of 2017, the aggregate market value of households’ real estate continues to improve on a nominal and not seasonally adjusted basis. On a nominal and not seasonally adjusted basis, households’ owner-occupied… Read More ›
The Financial Accounts of the United States for the third quarter of 2017 were published by the Board of Governors of the Federal Reserve System recently. On a nominal and not seasonally adjusted basis, the aggregate market value of households’ real estate continues to improve. In nominal terms, households’ owner-occupied real estate increased to $24.2 trillion in the third quarter… Read More ›
The Board of Governors of the Federal Reserve System published the Financial Accounts of the United States for the second quarter of 2017. The balance sheet of U.S. households with real estate continues to improve as the increases in home prices continue. Households’ owner-occupied real estate increased to $23.8 trillion in the second quarter of 2017, $1,597 billion more than… Read More ›