10/1: MetroIntelligence Economic Update by P. DUFFY

MetroIntelligence Economic Update by P. DUFFY Initial unemployment claims rise 11,000 to 351,000 In the week ending September 25, initial unemployment claims were 362,000, an increase of 11,000 from the previous week’s unrevised level of 351,000. Continued claims during the week ending September 18 was 2,802,000, a decrease of 18,000 from the previous week’s revised level. The total number of continued weeks claimed for benefits in all programs for the week ending September 11 was 5,027,581, a decrease of 6,222,725 from the previous week. https://www.dol.gov/ui/data.pdf   Consumer confidence index slips…

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Will AI Change Our Living Spaces?

Will AI Change Our Living Spaces? Artificial intelligence may change what we know about design. Read More Forbes https://www.forbes.com/sites/forbestechcouncil/2021/09/30/how-will-artificial-intelligence-change-our-living-spaces/?sh=4373ca7a20b6

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U.S. pending home sales race to seven-month high in August

U.S. pending home sales race to seven-month high in August The National Association of Realtors (NAR) said on Wednesday its Pending Home Sales Index, based on signed contracts, jumped 8.1% last month to 119.5… Read More Yahoo! Finance https://finance.yahoo.com/news/u-pending-home-sales-race-140000338.html

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9/30: MetroIntelligence Economic Update by P. DUFFY

MetroIntelligence Economic Update by P. DUFFY Pending home sales up 8.1 percent in August, but down 8.3 percent year-on-year The Pending Home Sales Index (PHSI) increased 8.1% to 119.5 in August. Year-over-year, signings dipped 8.3%. An index of 100 is equal to the level of contract activity in 2001. https://www.nar.realtor/newsroom/pending-home-sales-recover-8-1-in-august   Purchase loan apps fall 1 percent from previous week, down 12 percent year-on-year The Market Composite Index for mortgage applications decreased 1.1 percent on a seasonally adjusted basis from one week earlier, with purchase loans falling 1 percent (and…

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4 Major Home Wellness Trends from Dr. Jie Zhao

4 Major Home Wellness Trends from Dr. Jie Zhao In recent years, well­ness in the home has emerged as a major trend in the home improve­ment mar­ket, and the COVID-19 pan­dem­ic only ele­vat­ed con­sumers’ aware­ness… Read More Home Improvement Research Institute https://www.hiri.org/blog/4-major-home-wellness-trends-from-hiri-summit-speaker-dr-jie-zhao

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What Makes an Award-Winning Kitchen?

What Makes an Award-Winning Kitchen? Beauty alone doesn’t make for a great kitchen. So, what does make a good kitchen? A good kitchen should have these four qualities… Read More Housing Design Matters https://www.housingdesignmatters.com/what-makes-an-award-winning-kitchen/

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