Your home (or future home) is a solid, appreciating asset.
- Home prices rose 0.6% in March.
- April data projects a 5.3% growth in home values over the next 12 months.
Job market highlights:
The Leisure and Hospitality sector saw a decline for the third consecutive month, removing 92,000 job openings in April alone.
Job openings increased by 191,000, reaching 7.39 million — well above estimates.
The quits rate fell to 2%, a historic low — indicating fewer people are confident enough to leave their current jobs.
Most new job openings came from the Professional and Business Services sector.
While the bond market moved in a rate-friendly direction, it’s clearly staying measured and reserved.
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