Amid the economic uncertainty wrought by the emergence of the omicron COVID variant, fewer leases were signed and office occupancy fell again in 2021 Q4.
Consumer prices rose 6.8% in November, with higher food and gasoline prices; rents are accelerating and utilities are higher by 25%.
The year 2021 has been a record-breaking year for both home sales and home rentals, but with home prices and rents rising at a double-digit pace, is there anywhere still relatively cheaper to own than to rent?
Mortgage rates continued to remain roughly stable for the last 4 weeks, despite volatility in bond yields. The 30-year fixed mortgage rate slightly fell to 3.10% from 3.11% the previous week.
Why are women more likely to buy homes, and how do their financials compare to single men buying homes? NAR Research takes a look at the answers.
NAR used estimates from the American Community Survey to provide a snapshot of housing in America in 2020.
The unemployment rate continued to plunge and is now at 4.2%, which is actually below March 2020 levels when the ugly COVID virus came to the country. This measurement should be taken with a grain of salt, however, since only those searching for a job are counted.
The industrial sector is on pace for a historical year despite the supply chain issues that had an impact on the shipping of goods.
Mortgage rates remained relatively flat this week, despite rising concerns of the omicron COVID variant, rising slightly to 3.11% from 3.10% the previous week. These low mortgage rates continue to offer favorable conditions to homebuyers and homeowners who want to refinance.
This data visualization shows year-over-year percent change in retail sales by month, retail type, and state for the period January 2019 to August 2021.
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