MarketMinute | What do stable rates and employment mean for housing this week?
According to the Fed's Beige Book, employment remained stable in recent weeks, but inflation continued to rise across much of the country. Job openings climbed to their highest level in nearly two years, though companies pulled back on hiring, creating mixed signals for the economy. ADP reported that private companies added 122,000 workers in May, up from April and better than the Dow Jones consensus estimate for 110,000. Residential construction spending rose 0.8% in...
READ MORE
