National unemployment and housing metrics

Delightful Data

Today’s weekly first-time unemployment claims data came in at a staggeringly low level of 235,000, the lowest weekly level since 11/24/73. The data has been strong for years and suggests very few layoffs. Additionally, October housing starts were very good! While YTD starts are up 5.9%, all important single-family starts are up a strong 10.1%. October’s seasonally adjusted annual rate of 869,000 single-family starts is the best level since 10/07!

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Elliot F. Eisenberg, Ph.D.
GraphsandLaughs, LLC
elliot@graphsandlaughs.net
Cell: 202.306.2731
http://www.econ70.com

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About TARR Report

S.M.A. Publications was formed in 1997 with a mission of providing real estate information for practitioners within the Research Triangle Park area of North Carolina. The company produces the T.A.R.R. Reports which are published monthly, quarterly and annually, covering all aspects of the residential real estate market. The publisher, Stacey P. Anfindsen, has over 23 years of residential experience in the Triangle market. He is an active real estate appraiser, educator and consultant.
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