- Household Real Estate Asset Value Falls to Start the Yearby Jesse Wade on June 13, 2025
The market value of household real estate assets fell from $48.1 trillion to $47.9 trillion in the first quarter of 2025, according to the most recent release of U.S. Federal Reserve Z.1 Financial Accounts. The value of household real estate assets declined for three consecutive quarters after […]
- Producer Prices Rise in May: New Construction Input Analysisby Jesse Wade on June 12, 2025
Prices for inputs to new residential construction—excluding capital investment, labor, and imports—rose 0.2% in May, following a (revised) decrease of 0.2% in April. These figures are taken from the most recent Producer Price Index (PPI) report published by U.S. Bureau of Labor Statistics. The […]
- Inflation Up Slightly in Mayby Fan-Yu Kuo on June 11, 2025
Despite inflationary pressure from tariffs, inflation in May rose slightly but came in softer than expected. The Consumer Price Index increased from 2.3% in April to 2.4% in May year-over-year, according to the Bureau of Labor Statistics’ report. While this report reflected consumer prices after […]
- House Price Appreciation by State and Metro Area: First Quarter 2025by Jing Fu on June 10, 2025
House price growth slowed in the first quarter of 2025, partly due to a decline in demand and an increase in supply. Persistent high mortgage rates and increased inventory combined to ease upward pressure on house prices. These factors signaled a cooling market, following rapid gains seen in […]
- AI’s Role in Reshaping Employment: From Theory to Home Building Sector Impactsby Jing Fu on June 9, 2025
The rapid rise of artificial intelligence (AI), particularly machine learning and generative AI (GenAI), is reshaping industries, creating new economic opportunities, and raising critical questions about its long-term impact on jobs and economic growth. A recent study by Ping Wang and Tsz-Nga […]