Real gross domestic product (GDP) increased at an annual rate of 2.0 percent in the third quarter of 2021 (table 1), according to the "advance" estimate released by the Bureau of Economic Analysis. In the second quarter, real GDP increased 6.7 percent. The GDP estimate released today is based on source data that are incomplete or subject to further revision by the source … [More]

In the week ending October 23, the advance figure for seasonally adjusted initial claims was 281,000, a decrease of 10,000 from the previous week's revised level. This is the lowest level for initial claims since March 14, 2020 when it was 256,000. The previous week's level was revised up by 1,000 from 290,000 to 291,000. The 4-week moving average was 299,250, a decrease of … [More]

First American Financial Corporation, a leading global provider of title insurance, settlement services and risk solutions for real estate transactions, today released the August 2021 First American Real House Price Index (RHPI). The RHPI measures the price changes of single-family properties throughout the U.S. adjusted for the impact of income and interest rate changes on … [More]

Investor purchases accounted for 15.4% of all home purchases nationally in Q2 2021 compared with 11.5% in Q2 2020 – a year-over-year increase of 3.9 percentage points – according to a new report released today from RealtyTrac. In addition to the annual increase in investor purchase activity, the Fall 2021 RealtyTrac Investor Purchase Report shows that investors are typically … [More]

In the week ending October 16, the advance figure for seasonally adjusted initial claims was 290,000, a decrease of 6,000 from the previous week's revised level. This is the lowest level for initial claims since March 14, 2020 when it was 256,000. The previous week's level was revised up by 3,000 from 293,000 to 296,000. The 4-week moving average was 319,750, a decrease of … [More]

GoDaddy, the company that empowers everyday entrepreneurs, today announced new survey findings from its multi-year Venture Forward initiative showing that online microbusiness owners are more optimistic now compared to a year ago despite the ongoing pandemic, with Black and Hispanic entrepreneurs expressing the most optimism about the prospects for their businesses in the near … [More]

CoreLogic, a leading global property information, analytics and data-enabled solutions provider, today released its latest Single-Family Rent Index (SFRI), which analyzes single-family rent price changes nationally and across major metropolitan areas. August 2021 data shows a national rent increase of 9.3% year over year, up from a 2.2% year-over-year increase in August … [More]

The past year's frenzied housing demand likely has more to do with the demographic makeup of America than a onetime, pandemic-driven boom, a new Zillow® analysis of the age, sex, race and income of home buyers over a decade reveals. Millennials and baby boomers — two of the biggest generations in U.S. history — are in the market for homes in a big way. With an aging … [More]

The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.4 percent in September on a seasonally adjusted basis after rising 0.3 percent in August, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 5.4 percent before seasonal adjustment. The indexes for food and shelter rose in September and together … [More]