Archive for August 2023

BTVAR Homes Sales Report – Q2 2023 Economic Conditions – Virginia’s job base continues to expand, which generates demand for housing. There were approximately 6,900 jobs added to Virginia’s economy between April and May 2023. – The statewide unemployment rate in Virginia was 2.7% in May 2023 (not seasonally adjusted), which is down from 2.9%…

BTVAR Homes Sales Report – Q1 2023 Economic Conditions -There were about 3,200 jobs added to Virginia’s economy between January and February 2023. Most regions around the Commonwealth have now fully recovered net jobs lost in the spring of 2020. – Virginia’s unemployment rate was 2.9% in February 2023 (not seasonally adjusted), which is up…