Market Updates

As we move into the second half of the year, the housing market continues to navigate a mix of encouraging economic data and growing uncertainty. From shifting interest rate expectations to renewed tariff concerns, understanding the broader landscape is key to advising clients with confidence. Here’s what you need to know: Economic Landscape The June […]

As we move through the summer selling season, the housing market continues to show resilience despite economic uncertainty and persistently high mortgage rates. Here’s a quick update on the latest trends impacting buyers, sellers, and the broader real estate landscape. Sales Activity Holding Steady, but Subdued Existing home sales for May clocked in at an […]

Inflation Trends and Market Outlook The latest CPI numbers show headline inflation at 2.4% and core inflation at 2.8%—marking the third consecutive month under 2.5%. While this points to progress in price stability, inflation remains elevated enough to keep the Federal Reserve cautious. Until we see a clear slowdown in job growth or inflation, significant […]

Sales Volume Remains Subdued Existing home sales fell to an annualized pace of 4.0 million units in April—down 3.4% from last year and roughly 25% below long-term monthly averages. High home prices, elevated mortgage rates, and the “lock-in effect” from ultra-low existing mortgages continue to limit both buyer demand and seller inventory. This ongoing gridlock […]

Economic Outlook: Mixed Signals on Inflation The U.S. economy is experiencing a period of both improvement and uncertainty, with inflation showing signs of moderation but ongoing concerns about economic growth. The April Consumer Price Index (CPI) came in at 2.3%, marking a third consecutive month of decline and the lowest print in over four years. […]

Home Prices Are Flatlining, But Not Falling The latest Case-Shiller Home Price Index showed a 3.9% year-over-year increase for February, but beneath that headline is a more telling trend—national prices have remained essentially flat since June 2024. While that YoY figure still sounds healthy, it’s more a reflection of gains made last spring and early […]

Inflation Surprises to the Downside—But Perception Lags Reality The March inflation report brought unexpectedly positive news: headline CPI actually declined by 0.1% month-over-month, and year-over-year inflation dropped to 2.4%—its lowest level since last September. Core CPI also fell to 2.8%, marking the first sub-3% reading since early 2021. These figures suggest that inflation is finally […]

Inflation Sticks, Growth Slows The U.S. economy continues to send mixed signals, leaving both investors and real estate professionals with plenty to watch. The Fed’s preferred inflation measure—the Core PCE index—came in at 2.8% year-over-year for February. That’s the same level we’ve seen for the past 12 months, underscoring how stubborn inflation remains. Despite this, […]

The latest economic data provides a mixed outlook for the real estate market, with inflation showing signs of easing, interest rates stabilizing, and mortgage rates fluctuating near recent highs. While this suggests some clarity for buyers and sellers, broader economic and policy factors could shape market conditions in the months ahead. Inflation Eases, but Fed’s […]

Market Update: The latest economic data presents a mixed picture, with signs of a slowing economy that could impact the housing market in the coming months. Economic Conditions: A Weaker Outlook? Sentiment has declined, reflecting growing concerns about economic stability, while pending home sales fell 5% year-over-year, signaling continued weakness in buyer demand. Meanwhile, home […]