The construction industry had 249,000 job openings as of the last day of October, according to an analysis by Associated Builders and Contractors based on data from the U.S. Bureau of Labor Statistics' Job Openings and Labor Turnover Survey (JOLTS).
New data from the Mortgage Bankers Association's Weekly Mortgage Applications Survey shows that mortgage applications rose by 6.3% for the week ending November 22, 2024.
Global property consultant CBRE reports that U.S. retailers are adopting strategies to make in-store returns more convenient, encouraging customers to return online purchases to physical locations instead of through the mail. This shift helps retailers reduce return-related costs and boosts in-store foot traffic, creating opportunities to drive additional sales.
The National Association of Home Builders (NAHB) reports that rising mortgage rates and persistent affordability challenges kept many potential homebuyers on the sidelines in October 2024.
Posted on October 25, 2024
Posted on October 21, 2024
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