The Consumer Price Index (CPI) increased 0.2% in June, following another 0.1% jump in May. but core CPI rose only 0.2% month-over-month compared to 0.4% in May, according to Orphe…
Blog
Newsletter:
Will we see 8% interest rates by end of 2023?
Lucia Mutikani of Reuters reports on the jobs data released last week showing that the U.S. added the fewest jobs in 2.5 years in June; however, wage growth points to…
What happened when the Netherlands banned landlords
A few weeks ago, researchers from the University of Amsterdam and Erasmus University released a paper outlining the effect a landlord ban had on housing supply and affordability. On January…
Report: We need 4.3M more housing units in the U.S.
Chris Clow of HousingWire opens up the week by reporting that the U.S. Department of Housing and Urban Development (HUD) announced the establishment of a new Office of Manufactured Housing…
A 2023 housing crash is unlikely, here’s why
Despite the Fed’s rate pause last week, Howard Schneider and Michael S. Derby of Reuters report that Fed Chair Jerome Powell left it open for two more rate hikes before…
Renting is cheaper than owning in all but four US metros
Brooklee Han of Housing Wire reports on data from the National Association of Realtors (NAR) that shows that of the 1.1 million properties listed for sale in April, 25% had…
California’s Insurance Problem
Employers added 339,000 jobs last month, with unemployment rising from 3.4% to 3.7%, according to Brooklee Han of Housing Wire. While the number of employed persons increased in May, wage…
Interest rates rising again in Q2 2023
There’s no doubt that the office sector is in trouble. According to Alena Botros of Fortune (subscription required), a recent study found that the staying power of remote work will…
The rise in ADUs
Bills legalizing accessory dwelling units (ADUs) are picking up steam across the U.S., according to Chris Clow of HousingWire. In Seattle. for instance, there was a 250% ADU construction increase…
