Real estate adds fewer jobs in an otherwise strong US hiring month
The start of spring usually marks more brokerage transactions and ramped-up construction schedules. But payroll growth was weaker in March, according to Bureau of Labor Statistics data
by Daniel Houston Apr 7
Latest jobs numbers take pressure off wages — and mortgage rates
The real estate industry got 2 kernels of good news in the latest jobs numbers from the US Bureau of Labor Statistics
by Daniel Houston Mar 10
Mass rounds of real estate layoffs still the exception, not the norm
Despite big rounds of layoffs by companies like Compass and Anywhere, payrolls throughout the real estate industry held firm in January, according to new US Bureau of Labor Statistics' report
by Daniel Houston Feb 3
Homebuilders avoid mass layoffs as brokerages post big hiring month
Sales of new homes have suffered, but plenty of projects remain active. Homebuilders have yet to make steep cuts to their payrolls, according to the US Bureau of Labor Statistics on Friday
by Daniel Houston Dec 2
US hiring remains strong, but other sectors outpace real estate
Real estate employers added about as many jobs in September as would normally be expected this time of year, despite the market downturn
by Daniel Houston Nov 4
Real estate jobs hold strong even as sales slip, summer ends
Real estate hiring bucked seasonal expectations for September, reflecting steady payrolls despite a weakening sales environment, according to new data from the US Bureau of Labor Statistics
by Daniel Houston Oct 7
June jobs report reveals impact of layoffs on real estate industry
Fears of impending recession and a spate of prominent layoff announcements put only a moderate damper on real estate hiring last month, according to the US Bureau of Labor Statistics
by Daniel Houston Jul 8
Amid market jolt, hiring continues in residential development sector
Employers added 16,700 residential construction jobs in May on a seasonally adjusted basis, nearly doubling the national rate of job growth, according to new Department of Labor figures
by Daniel Houston Jun 3
Real estate hiring keeps pace with strong US jobs growth
Real estate employers — a category that includes brokerages — added 6,100 jobs in April, a rate that matched national monthly jobs growth
by Daniel Houston May 6
Real estate hiring beats national job gains again in March
Brokerages and other real estate companies added 6,300 new jobs in March, a rate of payroll growth that exceeded that of the U.S. at large
by Daniel Houston Apr 1
Real estate workforce grows twice as fast as other sectors in February
Employers in the real estate sector expanded their workforces by nearly 1% in February, roughly doubling the national job growth pace
by Daniel Houston Mar 4
4 states reach pre-pandemic job levels, with more on the way: Report
Economists told The Wall Street Journal how population growth has driven the strongest job recoveries — most recently in Texas and Arizona
by Daniel Houston Jan 18
Jobs report disappoints, but real estate hiring keeps rolling along
Homebuilders and real estate firms posted strong hiring trends even as a federal jobs report came up far short of expectations for November
by Daniel Houston Dec 3
Real-estate hiring outpaces other industries amid stale jobs report
Employers in real estate and residential construction grew workforces by 0.2% on a seasonally adjusted basis, according to Department of Labor survey out Friday
by Daniel Houston Oct 8
Overhead view of design team having project meeting in office
An underwhelming jobs report held optimism for real estate firms, which hired faster in August as the Delta variant slowed recovery elsewhere
by Daniel Houston Sep 3