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Depth and Duration of the Recession – December 2020
“In 2020, the economy shed a net 9.37 million jobs, exceeding the 5.05 million jobs lost in 2009, in the aftermath of the global financial crisis. Hardest hit last year were hotels, restaurants and related industries, driving up unemployment among minorities, the young and less educated workers—groups already disproportionately hit by the economic effects of…
Homeownership Rate Q3 2020
The homeownership rate of 67.4% was higher than the rate in third quarter 2019 (64.8%) and not statistically different from the rate in second quarter 2020 (67.9%). Data collection operations were affected by the COVID-19 pandemic, as in-person interviews were only allowed for portions of the sample. The extent to which data collection changes affected…
S&P CoreLogic Case-Shiller Home Price Index August 2020
Phoenix, Seattle and San Diego reported the highest year-over-year gains among the 19 cities (excluding Detroit) in August. Phoenix led the way with a 9.9% year-over-year price increase, followed by Seattle with an 8.5% increase and San Diego with a 7.6% increase. All 19 cities reported higher price increases in the year ending August 2020…
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