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  • Job Market Slowed in November

    After a big job gain last month, hiring slowed in November. Total employment increased by 155,000 and the unemployment rate remained unchanged at 3.7%. Residential construction employment increased by 7,900 in November. The industry has added 205,000 j…

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  • Nation’s Stock of Second Homes

    According to NAHB estimates, the total count of second homes was 7.4 million, accounting for 5.6% of the total housing stock in 2016. This analysis focuses on the number and location of second homes qualified for the home mortgage interest deduction us…

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