Single-family rent growth in January puts ‘renewed pressure on renters’

Rent growth for single-family homes ramped up at the start of 2025, according to a new report by CoreLogic. The data provider’s Single-Family Rent Index showed that rent prices jumped 2.4% during the year ending in January.January’s rent increase is only slightly higher than December’s increase of 2

Harvard study suggests inflation, labor shortages threaten remodeling industry

The U.S. remodeling industry reached $600 billion in value following the COVID-19 pandemic. Despite recent softening in 2022 and 2023, it still remains 50% above pre-pandemic levels. But industry fragmentation, inflation and a shortage of skilled trade labor jeopardize the ability of the industry to

Federal Reserve stands pat, but still sees rate cuts ahead

There was no surprise on Wednesday as the Federal Open Market Committee (FOMC) chose to leave the federal funds rate unchanged at a range of 4.25% to 4.5%. The decision was almost universally expected by market observers as the Federal Reserve weighs data that could be pushing the U.S. toward a rece