Sentences with phrase «solid job growth rates»

Not exact matches

True, our unemployment rate is biased down due to the weak performance of labor force participation and still - elevated underemployment, but as I've extensively documented, the US job market has been tightening up for awhile, driven by solid employment growth, now averaging around 200,000 / month.

There are objective reasons to be optimistic, including ongoing labor market improvements — underscored by falling unemployment and underemployment rates, as well as solid job growth — combined with the Federal Reserve's expectations that conditions will permit further interest rate hikes this year as it continues to move toward policy «normalization.»

However, despite solid job growth, wages remain restrained, with average hourly earnings holding steady at a 2.5 % annual growth rate.

«Mortgage rates have risen 1 % or more ten times in the last 43 years, with little impact on home sales and prices when the economy was also strong... Historically, rising confidence, solid job growth, and higher wages have more than offset reduced demand for housing resulting from higher mortgage rates.»

The housing market in 2018 will benefit from strong economic fundamentals as job and wage growth stay solid and interest rates, although inching up, stay low.

That's a trend that should continue in the years ahead thanks to steady U.S. economic growth, solid job increases, improving consumer confidence, and continuing low interest rates.

Despite solid interest in buying a home — sparked by steady job gains, record low mortgage rates and higher rents — the severe drought in housing supply in much of the country over the past year accelerated price growth and kept many first - time buyers out of the market.

There are a handful of large MSAs with low job growth and too much new supply that will experience declining occupancy and pressure on rates, while other markets have very little new supply and solid job growth.

Unlike past housing downturns, which were precipitated by slowing local economies, U.S. economic fundamentals remained solid, with 3.3 percent growth in the gross domestic product, job gains averaging about 150,000 a month, and interest rates remaining historically low during 2006.

Solid job growth and low mortgage rates have boosted sales 6.2 percent in the past year.

The key driver of all this recovery has been solid job growth, with 96 out of 100 metros and all states within range of their benchmark historic average unemployment rate.»