August 13, 2019
Big Island of Hawaii Real Estate Market Update
Posted in Hawaii/Big Island Real Estate Market Update by Matthew Gardner, Chief Economist, Windermere Real Estate
The following analysis of the Big Island real estate market is provided by Windermere Real Estate Chief Economist Matthew Gardner. We hope that this information may assist you with making better-informed real estate decisions. For further information about the housing market in your area, please don’t hesitate to contact your Windermere agent.
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May 14, 2019
Big Island of Hawaii Real Estate Market Update
Posted in Hawaii/Big Island Real Estate Market Update by Matthew Gardner, Chief Economist, Windermere Real Estate
Hawaii’s economy continues to add jobs, but the rate of growth is tepid. Over the past 12 months, Hawaii added just 1,400 new jobs, representing a growth rate of 0.2%. Even with this lack of job formation, the state has a very healthy 2.8% unemployment rate. On the Big Island, year-over-year employment dropped 4.7% to 84,600 persons and has been negative for the past eight months.
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February 13, 2019
Big Island of Hawaii Real Estate Market Update
Posted in Hawaii/Big Island Real Estate Market Update by Matthew Gardner, Chief Economist, Windermere Real Estate
Hawaii’s economy offered a mixed bag of growth in the fourth quarter of 2018. Employment declined 1.4% but the unemployment rate was a healthy 2.3%. Year-over-year, the economy has shed 9,300 jobs, and annual job gains have been negative for the past three months. On the Big Island, employment growth dropped 2.6% and has been negative for the past five months. That said, there are 85,800...
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