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Construction Jobs Continue To Grow Despite Interest Hikes

Construction Jobs Continue To Grow Despite Interest Hikes

by Mrinalini Nayak | May 23, 2023 | Economy, Housing, Inflation, Jobs, Manufacturing

Ajax Paving Industries, Florida LLC couldn’t be any busier this year. The company is bagging multiple contracts for re-building interstate highways and roads in Florida as the fast growing state sees skyrocketing development from building roads and airports to homes...
Five Things to Watch Out for in the Upcoming Case-Shiller Report

Five Things to Watch Out for in the Upcoming Case-Shiller Report

by Mrinalini Nayak | Apr 24, 2023 | Economy, Housing

US home prices have been declining steadily for the past seven months, a sign that the housing market is contracting as the Federal Reserve raises interest rates to combat inflation. The new Case-Shiller indicator which will be released on Tuesday, is expected to show...
Springtime Home Buying Kicks Off As Home Prices and Mortgage Rates Continue to Cool Down

Springtime Home Buying Kicks Off As Home Prices and Mortgage Rates Continue to Cool Down

by Mrinalini Nayak | Apr 18, 2023 | Economy, Housing

The prices of single-family homes across the U.S. continued to decline in January, for the seventh month in a row, just as mortgage rates continued to cool across the country.  Nationally seasonally adjusted monthly home prices declined 0.2%, according to the S&P...
Unaffordable Rent in Baltimore Pushes Tenants To Take Extreme Measures

Unaffordable Rent in Baltimore Pushes Tenants To Take Extreme Measures

by Mrinalini Nayak | Apr 16, 2023 | Economy, Housing

As rents have skyrocketed across the country in recent years, tenants have been forced to take extreme measures to hold onto their homes: borrowing money from family and friends, taking out high-interest payday loans and running up their credit card balances to pay...
Tight U.S. Housing Market Cools in 2022, Thanks To Rising Mortgage Rates

Tight U.S. Housing Market Cools in 2022, Thanks To Rising Mortgage Rates

by Mrinalini Nayak | Mar 12, 2023 | Economy, Featured, Housing

Home prices continued to decline nationally in December, for the sixth month in a row, a sign that high mortgage rates are continuing to deter potential buyers.  The seasonally adjusted S&P CoreLogic Case Shiller home price index declined by 0.3%, compared to last...

Welcome to Issue Number One

Welcome to Issue Number One, a site covering economic trends. The site is produced by reporters at the New York City News Service and the CUNY Graduate School of Journalism. Email your comments to greg.david@journalism.cuny.edu.
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