In July, job openings declined to pre-pandemic level
U.S. job openings fell in July, declining to the early 2021 level, another sign the labor market is cooling.
Source: housingwire.com
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Fed hikes rates amid general wave of optimism
The Federal Reserve (Fed) raised the federal funds rate 25 basis points to the 5.25 to 5.5% range on Wednesday, its highest level in 22 years.
Source: housingwire.com
DataDigest: Inventory and the purported 'Airbnb crash'
There's a viral tweet that makes the case the Airbnb/short-term rental market is "crashing" and it will have a big impact on inventory. Here's what's really going on.
Source: housingwire.com