Windermere Blog | Category: Hawaii/Maui Real Estate Market Update

February 18, 2019

Hawaii/Maui Real Estate Market Update

Posted in Hawaii/Maui 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%. Over the past year, the economy has shed 9,300 jobs, and annual job gains have been negative for the past three months. On Maui, employment growth dropped 1.9% and was negative for the whole of the fourth quarter. That said, there are 78,600...
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