We are now five months into 2026—rapidly approaching the halfway point—and so far the year has thrown some definite curveballs at the real estate industry. This year was widely expected to be a year of stabilization and normalization for the housing market, and Q1 (January-March) is largely the stage-setter for how the rest of the…
Inflation shot up once again in April as energy prices continue to see large jolts both monthly and yearly, according to the latest data from the Bureau of Labor Statistics. Economists warn the country may now be facing an “inflation contagion,” with the path ahead murkier than before. The Consumer Price Index’s (CPI) all items…
The United States added 115,000 jobs in April, according to the Bureau of Labor Statistics, significantly beating analysts’ expectations as employers continue to shrug off high energy costs and geopolitical uncertainty—something buyers and sellers have been less willing to do. With an unemployment rate now at 4.3% and an average 48,000 payrolls added per month…
Editor’s note: Econ Review is a roundup of the month’s housing and economic market data reports. As spring progresses, the industry is awaiting data related to how the season shaped up ahead of another potential boom in activity over the upcoming summer. Here are some highlights from the housing and economic data that hit the…
Since the commencement of the U.S. and Iran war, energy prices have soared, and the latest findings from the Bureau of Economic Analysis’ Personal Consumption Expenditure (PCE) index (the Federal Reserve’s preferred measure of inflation) found that catching up. The PCE price index experienced a large bump in March 2026; after hovering around 2.9% annual…
Nonprofit business research organization The Conference Board released its latest Leading Economic Index (LEI)—which provides an early indication of significant turning points in the business cycle and where the economy is heading—showing a decline of 0.6% in March 2026, more than reversing its 0.3% increase in February. Overall, the LEI fell by 1.0% over the…
Jerome Powell’s reign at the Fed may be at its end, but he’s not going anywhere. On Wednesday, the Federal Reserve held interest rates steady at its April Federal Open Market Committee (FOMC) meeting, leaving the federal funds rate unchanged at a rate of 3.5%-3.75% for the third straight month since December’s quarter-point cut. And…
As the conflict with Iran has loomed over the heads of consumers and over the economy, the two-week ceasefire in April contributed to some relief in consumer views, according to the latest data from The Conference Board. The Consumer Confidence Index® saw a 0.6 point increase to 92.8 in April (baseline of 100 is based…
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Consumer views on the economy continue to muddle for another month as the Iranian conflict looms over oil and gas prices, according to the latest Survey of Consumers from the University of Michigan. The index of Consumer Sentiment fell 6.6% month-over-month to 49.8 (from 53.3 in March), down 4.6% year-over-year and is “now comparable to…
Market conditions have been a bit of a wild ride over recent years, with affordability and inventory challenges, coupled with other economic headwinds, keeping buyers and sellers on edge. Rate lock-in has many sellers awaiting better conditions to make their move, while high home prices have buyers doing the same. What the industry as a…
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