Last week's economic news included readings on construction spending and labor reports on public and private sector jobs and the national unemployment rate. Weekly readings on mortgage rates and first-time jobless claims were also released.
What’s Ahead For Mortgage Rates This Week – June 1, 2020
Last week's economic reports included monthly readings from Case-Shiller Home Price Indices, FHFA home prices, and readings on new and pending home sales. Weekly reports on mortgage rates and first-time jobless claims were also released.
Case-Shiller: January Home Price Growth Strong; Pandemic Impact Unknown
United States home prices increased by 3.90 percent year-over-year in January as compared to December's growth rate of 3.70 percent according to Case-Shiller's National Home Price Index. Home prices also rose in Case-Shiller's 20-City Home Price Index.