Luxury home market poised for quick rebound

Real estate firms in Colorado and Texas, for example, are seeing buyer traffic for $1 million-plus homes returning to 2019 levels… Read More Multi Briefs: Exclusive http://exclusive.multibriefs.com/content/luxury-home-market-poised-for-quick-rebound/facilities-grounds

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6/5: MetroIntelligence Economic Update by P. DUFFY

Global Composite Output Index rebounds nearly 40 percent to 36.3 in May At 36.3, the May J.P.Morgan Global Composite Output Index posted its second-weakest reading in survey history, albeit up from April’s record low of 26.2. Rates of decline were substantial at both manufacturers and service providers. Although the headline index remains well below its stabilization mark of 50.0, it nonetheless made giant strides towards it. The advances in the Composite Output Index (up 10.1 points), Manufacturing Output Index (rising by 6.7) and Services Business Activity Index (up 11.5) were…

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Built within the densely populated Winter Park community of Orlando, The New American Home® 2021 will showcase many of the latest building designs… Read More NAHB Now http://nahbnow.com/2020/06/ibs-2021-show-home-boasts-spaciousness-in-an-urban-setting/

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MetroIntelligence Economic Update by P. DUFFY

ADP  Job losses fall to 2.76 million in May, far less than expected Private sector employment decreased by 2.76 million jobs from April to May according to the May ADP National Employment Report®.  The report utilizes data through the 12th of the month.  This compares to a job loss of 19.56 million in April and a gain of 89,000 jobs in May 2019.  Since March 2020, ADP has tracked a total of 22.62 million jobs lost.  We’ll get a more comprehensive read on the job market on Friday, when the BLS…

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