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Instant Reaction: Jobs, August 7, 2020
Instant Reaction: Jobs, August 7, 2020 Jobs are coming back, with 1.8 million net new additions in July, a total of 9.3 million over the past three months as the economy has reopened. By: Lawrence Yun
Lowest Level of Layoffs Since the Pandemic Started; 1.2 Million New Unemployment Claims
Lowest Level of Layoffs Since the Pandemic Started Layoffs fell to 1.2 million last week, the lowest level since the pandemic started, and a decrease of 249,000 from the previous week's revised... By: Nadia Evangelou
Foreign Buyer Purchases Declined to $74 B From April 2019 – March 2020
Foreign Purchases Declined April 2019 – March 2020 Foreign buyers pulled back for the second year, purchasing 5% less in U.S. existing homes compared to the previous 12-month period. By: Scholastica (Gay) Cororaton
Instant Reaction: Interest Rates, August 6, 2020
Instant Reaction: Interest Rates Interest rates dipped 11 basis points to 2.88% on a 30-year fixed-rate mortgage, continuing to hover at record-low levels. By: Nadia Evangelou
REALTORS® Anticipate Strong Demand for Residential and Industrial Land in 2020 Q3
Economist Outlook: Land Market Outlook in 2020 Q3 REALTORS® expect to have more sales transactions in residential and industrial land sales in the third quarter. By: Scholastica (Gay) Cororaton