Don’t Miss A Weekly Economic Report – Subscribe To The Genworth MI Blog Today! We’ll email you each time a new Economic Report has been posted. KEY MARKET INDICATORS as of May 01, 2018 March Home Sales and Q1 Housing Market Update The housing market reported moderately higher monthly sales of both new and existing […]
Author Archive for: Tian.Liu
About Tian Liu
Tian Liu is the Chief Economist at Genworth Mortgage Insurance, responsible for tracking U.S. and regional economic trends. He also authors the company’s Weekly Economic Report, and provides regular updates on U.S. and regional economies, as well as the housing and mortgage market.
Mr. Liu began his economics career in the Australian Treasury Department in 1997. He started covering the U.S. housing market with Cemex in 2007, where he was the Director of Economics responsible for economics and housing market analysis supporting the senior management of Cemex U.S. operations. He was hired by Owens Corning to lead its economics team in 2011. Mr. Liu joined Genworth Mortgage Insurance as its Chief Economist in 2014.
Mr. Liu has a Masters in Economics from the University of Chicago and an undergraduate degree in Economics from the Australian National University. He resides in Raleigh, North Carolina, with his wife and two children.
Entries by Tian Liu
Don’t Miss A Weekly Economic Report – Subscribe To The Genworth MI Blog Today! We’ll email you each time a new Weekly Economic Report has been posted. KEY MARKET INDICATORS as of Apr 10, 2018 March Jobs Report The U.S. job market added 103,000 jobs in March, a slower pace of job growth that is most […]
KEY MARKET INDICATORS as of Mar 26, 2018 February Home Sales, Home Price Growth Accelerates Sales of both new and existing homes came in stronger in February, but the bigger picture in the housing market remained largely the same, with strong demand constrained by a lack of supply. We are also seeing signs of accelerating […]
KEY MARKET INDICATORS as of Mar 19, 2018 February Housing Starts Housing starts decreased 7% m/m to a seasonally adjusted annual rate of 1.236 million units in February. The decline was driven by a 26% m/m decline in the multi-family segment. Single-family housing starts continued to grow, increasing by 2.9% m/m to 902,000 units – […]
First-time homebuyers are lining up to transform the mortgage industry The mortgage origination market is in the middle of a dramatic transition in customer mix. This transition is driven by two powerful forces — pent-up demand accumulated over the past 10 years and the influx of a large group of new homebuyers. This transition has […]
Don’t Miss Our Weekly Economic Reports – Subscribe To The Genworth MI Blog Today! KEY MARKET INDICATORS as of Mar 12, 2018 February Job Market The U.S. job market reported its best month since July 2016, adding 313,000 jobs in February. The job market is at full employment, with the overall unemployment rate at just 4.1%. The […]
KEY MARKET INDICATORS as of Mar 06, 2018 Home Price Appreciation Home prices continue to rise rapidly around the country in Q4. Nationally, home prices on home purchase loans collected by the Federal Housing Finance Agency (FHFA), increased 6.7% from a year ago. A total of 19 states reported faster growth rates. In the West, […]
KEY MARKET INDICATORS as of Feb 26, 2018 January Home Sales Sales of both new and existing homes came under pressure in January. Rising interest rates was a factor in driving sales lower, and could bring more volatility in the coming months. In addition, housing market has entered a more mature phase, with growth in […]
Genworth Releases Fourth Report Edition to Track the Entire First-Time Homebuyer Market I am pleased to release Genworth Mortgage Insurance’s First-Time Homebuyer Market Report for the fourth quarter of 2017 (See Fact Sheet and Full Report). This is the only economic series focused on the size of the first-time homebuyer market, and it tells an important […]
KEY MARKET INDICATORS as of Feb 12, 2018 Q4 State Economic and Housing Market Conditions The job market in most states reported moderate year-over-year growth during Q4. Job growth remained the strongest in the West, in the Southeast, and in Texas. In the Northeast and Midwest, only Massachusetts and Maryland reported stronger growth than the […]