U.S. Housing Market Highlights from Freddie Mac
Here are highlights of the latest Freddie Mac Economic Outlook for the U.S. Housing Market for June 2017.
May marked the 80th consecutive month of job gains. The unemployment rate dropped another 0.1 percentage points to 4.3 percent. Despite last month's lull in housing data, the economy will continue to bolster the overall housing market.
In April, housing starts fell 2.6 percent and permits for single-family homes also declined. After a strong March, home sales also a took a hit with new home sales falling 11.4 percent and existing