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

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May 15, 2019

Hawaii/Maui Real Estate Market Update

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Posted in Hawaii/Maui Real Estate Market Update by Matthew Gardner, Chief Economist, Windermere Real Estate


Hawaii’s economy continues to add jobs, but the rate of growth remains tepid. Over the past 12 months, the state added 3,200 new jobs, representing a growth rate of .5%. This lackluster growth may be due to the fact that the unemployment rate was a very healthy 2.7%. On Maui, employment growth dropped 2.2% year-over-year, and has been contracting for the past 14 months.
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February 18, 2019

Hawaii/Maui Real Estate Market Update

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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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