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
‘The gate is beginning to open’: Big inflation drop may aid homebuyers
The once-frantic pace of consumer price growth has been slowing for months, which may bode well for buyers' budgets — and financing, according to new data from Bureau of Labor Statistics
by Daniel Houston Jan 12
Real estate payrolls end on a strong note to close out a volatile year
Brokers, agents and homebuilders tallied a solid hiring month amid the holidays even as the downturn in real estate transactions continued, according to the US Bureau of Labor Statistics
by Daniel Houston Jan 6
Annual inflation drops to 7.1% even as housing woes persist
Housing remained a strain on family budgets last month, but declining prices of gas, used cars and medical insurance helped soften the blow
by Daniel Houston Dec 13
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
Inflation up 8.2% over last year — and housing is largely to blame
Government’s estimate of the cost of owning a primary residence rose 0.8% in September and was up 6.7% compared to a year ago, which is the largest 12-month increase in the category's history
by Daniel Houston Oct 13
Homebuilding materials remain 38% costlier than normal
Acquiring construction materials remains expensive for homebuilders, even as a reduction in demand may be relieving supply chains, according to data from the US Bureau of Labor Statistics
by Daniel Houston Oct 12
Lumber prices see stable week after falling to normal levels
Construction costs remain high. But one of the biggest headaches for builders — obtaining lumber at a steady price — may be normalizing
by Daniel Houston Oct 11
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
Housing inflation isn't slowing yet. And it may prove tough to tame
The slowing housing market has yet to significantly reduce costs for most Americans. But economists believe more rate hikes may be on the way
by Daniel Houston Sep 13
Housing ever costlier in July, despite inflation's sudden dropoff
A steep drop in gas prices offset the rising costs of housing and food for many families. Prices were still up 8.5% year over year, says a report from the US Bureau of Labor Statistics
by Daniel Houston Aug 10
Housing costs eyed as major culprit in latest 9.1% inflation hike
Housing costs were one of the biggest drivers of inflation in June, pushing higher at a pace unseen since 1990, according to a report Wednesday from the Bureau of Labor Statistics
by Daniel Houston Jul 13
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