Windermere Blog | Category: Hawaii/Big Island Real Estate Market Update

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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