Instant Reaction: Jobs, August 2, 2024
Mortgage rates are plunging on the news of weak job growth and rising unemployment. The 4.3% unemployment rate is the highest since coming out of the COVID lockdown and higher than the 3.5% unemployment rate right before the COVID-19 arrival. The hourly wage gain of 3.2% is the weakest in 3 years. T
Contract Signings Rise as More Listings Hit the Market
" data-src="https://cdn.nar.realtor/sites/default/files/styles/inline_paragraph_image/public/gettyimages-1166187606.jpg?itok=sHTn3o8s" class="b-lazy" width="1200" height="580" alt="Real estate agent shaking hands with clients inside home"> © monkeybusinessimages - iStock/Getty Images Plus Home buyer
Pending Home Sales Rose 4.8% in June
Key Highlights Pending home sales intensified 4.8% in June. Month over month, contract signings increased in all four U.S. regions. Compared to one year ago, pending home sales declined in the Northeast, Midwest and South, but improved in the West. " data-src="https://www.nar.realtor/sites/default/f
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