Tag Archives: Job Growth

May 2016 Employment — A Statistical Perspective

May 2016 Job Growth – a Paltry 38,000 (Preliminary) Net New Jobs Unemployment Rate Falls from 5.0 Percent in April 2016 to 4.7 Percent in May 2016 So what happened to the May 2016 employment data, which added just 38,000 net new jobs versus a consensus estimate of 160,000 or more? The decline was one …Read more

Another Top-10 List — 2016 U.S. Boom Towns

Regardless how good or bad the U.S. economy is, at any point in time some markets are hot and others are not. Even within a city, some neighborhoods are hot and others not. Jobs are everything. Period. As jobs increase, likewise does construction and household formation rates. To define the hottest markets in the country, …Read more

March Existing Home Sales Up 1.5 Percent Year-Over-Year and Up 5.1 Percent Sequentially from February — Median Price Up 5.7 Percent from a Year Ago

March 2016 existing home sales rose 1.5 percent year-over-year on a seasonally adjusted annualized rate (SAAR) of 5.33 million, which was also up 5.1 percent sequentially from February per the National Association of Realtors® (NAR). The median price of $222,700 (for all property types) in March 2016 was up 5.7 percent versus March 2015. From …Read more

Another Top-10 List — Trendiest But Still Affordable Cities

There are two words not often used in the same sentence when describing a housing market: Trendiest and Affordable. Yet Millennials today seek both when looking for a place to live and work. So what their options? To identify markets that qualify for these two attributes simultaneously, Realtor.com examined the 500 largest cities in the …Read more

Another Top-10 List — Fastest Growing Cities in 2016

There is a badge of merit for those metro areas having the greatest growth rates (both demographically as in population and economically) across the country. When It comes to population growth rates, bigger is better. Ditto the economy. What was hot last year, however, may not necessarily be so this year, and there may be …Read more