Entries by Tian Liu

Weekly Economic Report 03.04.19

KEY MARKET INDICATORS as of Mar 04, 2019 GDP (Q4), Housing Starts, FHFA Home Price Index, Homeownership Rate GDP: Sequentially, GDP grew by 2.6% (annualized) in Q4. But the 3.1% y/y growth rate shows that the economy continued to grow faster than expected. Housing Starts: Homebuilders reduced the number of new homes started in December […]

First-Time Homebuyer Market Report 02.19

The Eighth Edition of the First-Time Homebuyer Market Report The housing market slowdown intensified in Q4, resulting in bigger declines in home sales, a larger increase in housing inventory and supply, lower growth in new single-family home construction, and slower home price growth.  This quarter’s report shows that, while not immune to the slowdown, the first-time […]

Weekly Economic Report 1.15.19

KEY MARKET INDICATORS as of Jan 15, 2019 Single-Family Housing Starts – Time for Change With the ongoing government shutdown, data on December housing starts and new home sales will likely be delayed. According to analyst reports, single-family housing starts were likely down by around 15% year over year in December on top of a […]

Weekly Economic Report 1.7.19

KEY MARKET INDICATORS as of Jan 04, 2019 December Job Market Report The U.S. job market showed remarkable strength at the end of 2018, adding 312,000 jobs in December. The job market is at full employment, with the overall unemployment rate unchanged at 3.9% – close to its lowest level since 1969. Job growth has […]

First-Time Homebuyer Market Report 12.18

The Seventh Edition of the First-Time Homebuyer Market Report In the third quarter, the housing market experienced a moderate but broad slowdown.  The slowdown resulted in lower sales of new and existing homes, a slight increase in housing inventory and supply, lower growth in new single-family home construction, and slower home price growth.  This quarter’s report […]

Weekly Economic Report 11.5.18

KEY MARKET INDICATORS as of Nov 05, 2018 October Job Market Report Shows Wage Growth The U.S. job market rebounded in October, adding 250,000 jobs. The job market is at full employment, with the overall unemployment rate unchanged at 3.7% – its lowest level since 1969. Job growth has re-accelerated this year, despite low unemployment […]

Weekly Economic Report 10.24.18

KEY MARKET INDICATORS as of Oct 23, 2018 September Housing Starts, Existing Home Sales The housing market is undergoing a period of adjustment as interest rates have increased. Looking at the September housing starts, most of the adjustment is taking place in the multi-family market, where starts have pulled back from around 400,000 units (seasonally […]

Weekly Economic Report 10.09.18

KEY MARKET INDICATORS as of Oct 05, 2018 September Jobs Report The U.S. job market added 134,000 jobs in September, the smallest gain since last September. The job market is at full employment, with the overall unemployment rate falling to 3.7% – its lowest level since 1969. Despite such low unemployment rate, job growth has […]

Weekly Economic Report 10.01.18

KEY MARKET INDICATORS as of Oct 01, 2018 August Housing Market Update Homebuilding activity recovered in August. Housing starts increase by 108,000 units, or 9% from the revised July figure, to a seasonally adjusted annual rate of 1.28 million units. The recovery in August was led by the multi-family segment, which reported a 27% increase […]

Weekly Economic Report 09.10.08

KEY MARKET INDICATORS as of Sept 10, 2018 August Jobs Report The U.S. economy continued to perform well in August, adding 201,000 jobs. The job market is at full employment, with the overall unemployment rate stabilizing at 3.9% since April. The tax cut helped to boost job growth in 2018, with the economy adding an average […]