Canadian payroll employment held steady in June, adding 4,800 jobs, while job vacancies edged higher by 10,500.
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US Single-Family Rent Growth Strengthens for Fourth Consecutive Month in June
US single-family rents rose 1.5% year-over-year in June, marking a fourth consecutive month of stronger annual rent growth, Cotality reported.
US Mortgage Rates Edge Higher in the Week Ending August 27
The 30-year fixed-rate mortgage averaged 6.66%, up from 6.65% the previous week, Freddie Mac reported.
US Weekly Initial Jobless Claims Decrease in the Week Ending August 22
The advance figure for seasonally adjusted initial unemployment claims was 203,000, a decrease of 4,000 from the previous week.
US Multifamily For-Rent Housing Starts Rise 5% Year-Over-Year in Q2
US multifamily built-for-rent housing starts totaled 109,000 units in Q2, up 5% from a year earlier, the Census Bureau and NAHB reported.
US Real GDP Increases at an Annual Rate of 1.5% in Q2, BEA Reports in Its “Second” Estimate
US real GDP grew at an annual rate of 1.5% in Q2, unchanged from the “advance” estimate.
US Mortgage Applications Fall in the Week Ending August 21
Mortgage loan application volume decreased 1.0% on a seasonally adjusted basis from one week earlier, MBA reported.
US Personal Income and Outlays for July
Personal income rose 0.4% and personal consumption expenditures increased 0.2% in July.
US New Single-Family Home Sales Drop in July
New single-family home sales were at a seasonally adjusted annual rate of 607,000 in July, down 10.5% from June and 6.3% from a year earlier.
FHFA House Price Index Rises in Q2
FHFA reported that US home prices rose 0.3% in Q2 and increased 2.1% year-over-year, while the monthly index was unchanged in June.