Home prices: Data released May 12 from the National Association of Realtors shows that house prices increased in the first quarter of 2020 despite the ongoing coronavirus pandemic. The NAR’s quarterly report on metro home prices shows that the median single-family home price increased year over year in 96% of U.S. markets in the first quarter of 2020, versus 94% in the first quarter of 2019. Read the full story from USA Today.
At the pump: The average U.S. price of regular-grade gasoline rose a nickel over the past three weeks, to $1.97 per gallon. Industry analyst Trilby Lundberg of the Lundberg Survey said Sunday that the slight jump comes after prices at the pump crashed for nine weeks straight during the coronavirus pandemic. She says gas prices are likely to continue to rise amid increased demand as widespread stay-at-home orders are eased. The highest average price in the nation for regular-grade gas is $3.10 per gallon in Honolulu. The lowest average is $1.40 in Tulsa, Oklahoma.
Workplace tragedies: LSU and the Family Assistance Education & Research Foundation, or FAERF, have launched a long-term partnership to research and establish care training for business leaders on how to interact with survivors and family members of victims impacted by workplace tragedies. LSU and the FAERF will work together to create a range of educational programs intended to improve humanitarian assistance to those impacted by trauma due to accidents and other distressing events in the workplace. Read the full announcement.
