The construction industry had 249,000 job openings as of the last day of October, according to an analysis by Associated Builders and Contractors based on data from the U.S. Bureau of Labor Statistics' Job Openings and Labor Turnover Survey (JOLTS).
New data from the Mortgage Bankers Association's Weekly Mortgage Applications Survey shows that mortgage applications rose by 6.3% for the week ending November 22, 2024.
The National Association of Home Builders (NAHB) reports that rising mortgage rates and persistent affordability challenges kept many potential homebuyers on the sidelines in October 2024.
AAA estimates that 79.9 million people will travel 50 miles or more from home during the Thanksgiving holiday period. For the first time, the forecast includes the Tuesday before and the Monday after Thanksgiving Day, offering a more comprehensive view of holiday travel patterns.
Posted on October 25, 2024
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