US housing affordability improved slightly in 2025Q4, with a median-income family needing 34% of earnings to purchase a median-priced new home, NAHB reported.
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US Nonfarm Payroll Declines by 92,000 in February; Unemployment at 4.4%
US nonfarm payroll employment declined by 92,000 in February, while the unemployment rate rose to 4.4%.
US Existing-Home Median Mortgage Payments Drop Year-Over-Year in February
On Thursday, Redfin reported that the median US monthly housing payment was $2,591 during the four weeks ending March 1, […]
US Mortgage Rates Little Changed in the Week Ending March 5
The 30-year fixed-rate mortgage averaged 6.00%, up from 5.98% the previous week, Freddie Mac reported.
US Job Cuts Fall in February
US employers announced 48,307 job cuts in February, down 55% from January and 72% from a year ago, CG&C reported.
US Weekly Initial Jobless Claims Hold Steady in the Week Ending February 28
The advance figure for seasonally adjusted initial unemployment claims was 213,000, unchanged from the previous week.
US Mortgage Applications Rise in the Week Ending February 27
Mortgage loan application volume increased 11.0% on a seasonally adjusted basis from one week earlier, MBA reported.
ADP: Private Sector Employment and Compensation Increase in February
Private sector employment increased by 63,000 in February, while annual pay rose 4.5%, ADP reported.
13.7% of US Pending Home Sales Were Canceled in January
About 13.7% of US pending home sales were canceled in January—nearly 40,000 contracts—the highest January share since Redfin began tracking the data in 2017.
US Multifamily Absorption Rate Holds Steady in 2025Q2
The US multifamily absorption rate held steady in 2025Q2, with 47% of the 93,680 newly completed units rented within three months, the Census Bureau and NAHB reported.