Entries by Tian Liu

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 […]

Weekly Economic Report 09.04.08

KEY MARKET INDICATORS as of Sept 4, 2018 July Home Sales Existing home sales reported a seasonally adjusted annual rate of 5.34 million units in July, a decrease of 0.7% from the June figure. The lack of inventory is one reason for slowing home sales. The inventory level decreased by less than 1% to 1.92 […]

First-Time Homebuyer Market Report 08.18

Genworth Releases Sixth Report Edition to Track the Entire First-Time Homebuyer Market Released August 28, the First-Time Homebuyer Market Report for the second quarter of 2018 marks the sixth edition and the only economic series that focuses on the entire first-time homebuyer market. Below, I will highlight a few trends discussed in my report, and […]

Weekly Economic Report 08.21.2018

KEY MARKET INDICATORS as of Aug 21, 2018 July Housing Starts Homebuilding activity moved sideways in July after a sharp pullback in June. Compared to June, July housing starts increased by less than 1 percent to a seasonally adjusted annual rate of 1.17 million units. Both single-family and multi-family starts increased by around 1 percent […]