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2023 06 05 MBS HIGHWAY NEWSLETTER

Week of May 29, 2023 in Review

While job growth in May looked strong on the surface, a deeper look at the data shows underlying weakness in the labor sector. Plus, the latest home price appreciation data shows the opportunities that exist for buyers. Here are the details:

  • Conflicting Job Numbers
  • Leisure and Hospitality Jobs Boost Private Sector Employment
  • Unemployment Claims Remain Elevated
  • Home Prices Continue to Rebound

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2023 05 30 MBS HIGHWAY NEWSLETTER

MBS Road Signs 5-30-23

Week of May 22, 2023 in Review

Uncertainty surrounding the debt ceiling caused volatility in the markets, while inflation was hotter than expected in April. Tight supply continues to be a key factor impacting home sales. Here are the headlines:

  • Better Progress to Come on Inflation
  • “Sizeable Increase” Needed in Housing Inventory
  • New Home Sales Hit 13-Month High
  • Unemployment Claims Reflect Challenges for Job Searchers
  • First Quarter GDP Revised Higher but Still Disappointing

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2023 05 22 MBS HIGHWAY NEWSLETTER

MBS Road Signs 5-22-23

Week of May 15, 2023 in Review

Recent data shows the impact that low supply is having on the housing market, while unemployment claims continue to reflect a slowdown in hiring. Don’t miss these stories:

  • Tight Supply Takes the Spring Out of Existing Home Sales
  • Home Builder Confidence Reaches Key Threshold
  • “Gradual Improvement” In Single-family Construction
  • Unemployment Claims Trending Higher Despite Weekly Decline
  • Weakness in Manufacturing, Retail Sales and Leading Indicators

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