"The shift is all about mortgage rates. They went up so fast, and to such a high level, it was hard for buyers to even keep up. When rates started falling back a bit, some of these prospective buyers perked up."
https://www.axios.com/2023/01/27/housing-prices-real-estate-mortgage-rates-economy?stream=top
November jobs report blows past expectations at 263,000.
Very strong job growth.
Unemployment remains low.
Economy grows faster than expected between July-Sept.
And Republicans are scrambling to come up with their next disinformation/misinformation talking point while Biden takes another victory lap; proving them wrong once again. Gotta love it!!
#JoeBidenUSeconomy #jobsreport #Norecession
No recession for now despite what right wing pundits say.
U.S. grew 2.9% in third quarter, GDP shows, and there's little sign of recession for now.