August EHS at Highest Level Since December 2006 Housing market activity this August rose 2.4% from July 2020, reaching a 6.00 million seasonally adjusted annual rate. By:  Michael Hyman

Unemployment Claims at Lowest Level of the Pandemic New jobless claims totaled 790,021 in the week ending September 12, a decrease of nearly 9% from the previous week. By:  Nadia Evangelou

What’s Happening in the Housing Market? The housing market continues to recover strongly, fueled by low mortgage rates. By:  Meredith Dunn

Instant Reaction: Mortgage Rates The 30-year fixed-rate mortgage inched up to an average of 2.87% this week from 2.86% the prior week. By:  Nadia Evangelou

Landlord Statistics from 2018 Survey Policy pertaining to renters also impacts landlords and their ability to provide rental housing supply. By:  Scholastica (Gay) Cororaton Commercial & Investment Real Estate

Housing Affordability Drops Modestly in July 2020 At the national level, housing affordability showed signs of improvement in July 2020 compared to a year ago but dipped compared to June. By:  Michael Hyman

Claims for State Unemployment Benefits Increases Unadjusted new jobless claims totaled 857,148 in the week ending September 5, an increase of 20,140 (2.4%) from the previous week. By:  Nadia Evangelou

Instant Reaction: Mortgage Rates, September 10, 2020 With these ultra-low mortgage rates, the real estate market is recovering faster than expected from the pandemic. By:  Nadia Evangelou

Characteristics of the Unemployed Across the Country From the beginning of the lockdown in mid-March to the latest week, there have been nearly 58 million Americans who have been laid off. By:  Nadia Evangelou

Percepted Ability to Make a Debt Payment is Improving Consumers’ ability to pay down debt has improved and appears to be at an all time high. By:  Michael Hyman