The U.S. labor market rebounded in October, with nonfarm payroll employment increasing by 165,000 jobs and the unemployment ...

Steep declines occurred in both major components as the average contract rate for a 30-year fixed-rate mortgage jumped 35 basis points (bps) to an average of 7.4% in October. Purchase applications ...

Developer sentiment for new multifamily production has softened, due to challenges such as high interest rates, construction ...

In 2025, the majority of homes started featured laundry connections on the first floor (70%), according to the Census’s ...

Inflation concerns continued to put upward pressure on Treasury yields, as elevated energy prices stemming from the ongoing conflict with Iran contributed to accelerating inflation. Inflation ...

The number of open jobs for the overall economy increased in September, rising to 7.5 million. The September reading was higher than a year ago (7.17 million). The September data revealed a rise in ...

Over the year, remodeling spending was down 18.0%. Both spending on single-family and multifamily construction were unchanged from August but were down by 2.4% and 0.2% from a year ago, respectively.

The Federal Reserve maintained the federal funds rate at a target range of 3.75% to 4% at the conclusion of its October policy meeting. Approved by a 10–2 vote, the decision followed September’s ...

The graph below plots the share for housing services and RFI, along with housing’s total share of nominal GDP. Housing service expenditures are much less volatile when compared to RFI due to the ...

Interior finishes (drywall, interior doors, painting, cabinets, countertops, plumbing fixtures, flooring, etc.) take more time to complete—6.4 weeks, on average—than any other major stage of ...

The U.S. economy grew at a faster pace in the third quarter of 2026, supported by stronger consumer spending, robust business investment, and increased government spending. However, residential ...

High mortgage rates and economic uncertainty continued to keep potential home buyers on the sidelines and constrain new home sales in September. New home sales declined from August and remained below ...