Canadian home sales rose for a fifth straight month as a buildup of listings lured buyers back to the market https://t.co/qSN1HjTkMI ...

Fiscal Policy & Economic Growth - The analysis suggests tariffs are running at an annual rate between $400 billion and $500 billion, potentially improving the deficit, but real GDP growth is considered the key to significantly reducing the deficit as a percentage of GDP [1] - The report anticipates real GDP growth will surprise on the high side of expectations later in the year and into 2026, driven by innovation platforms like robotics, energy storage, AI, multiomic sequencing, and blockchain technology, all catalyzed by AI [1] - The analysis highlights deregulation, particularly in crypto, AI, and nuclear energy, as a significant factor for economic growth, with tax changes encouraging manufacturing and innovation through accelerated depreciation schedules and full expensing of equipment, R&D, and software [1] Inflation & Monetary Policy - The report indicates that while inflation may seem stuck in the 2% to 3% range, innovation-driven productivity gains could lead to deflation in the coming years [2] - The analysis points out that M2 money supply growth has significantly dropped compared to the COVID boom, and the velocity of money is declining, potentially diffusing inflationary pressures [2] - The yield curve, measured by the two-year Treasury yield relative to the three-month Treasury yield, indicates tight monetary policy, which is expected to have disinflationary or deflationary effects [3] - True inflation CPI is reported at 19%, even with tariffs factored in, and consumer inflation expectations are expected to decline [3] Market Indicators & Investment Strategy - The analysis notes that manufacturing has been contracting for the last three years, and services are not in great shape, signaling potential economic concerns [4] - The report highlights that AI-powered capital spending is increasing, supported by new tax rules, while the trade deficit is being addressed [5] - The analysis observes that pending home sales are deteriorating, and new home inventory is high, potentially leading to price cuts and impacting the CPI [5] - The report suggests that the return on investment in the US is expected to increase due to innovation, tax laws, and deregulation, potentially strengthening the dollar [5] - The analysis notes that corporate profits are healthy, but quality of earnings and harnessing new technologies will be crucial for future growth [5] - The report observes that commodity prices are going nowhere, and gold is breaking out to all-time highs relative to metals, possibly signaling deflationary concerns [5]

Market Trends - Pending home sales in July decreased by 0.4% compared to June but increased by 0.7% compared to July of the previous year [1] - The market anticipated a slight increase of 0.3% in pending home sales, effectively remaining flat [1] - Signed contracts in July were influenced by rising average rates on 30-year fixed mortgages [1] - Sales declined month-over-month in the Northeast and Midwest, remained flat in the South, and increased in the West [2] Contract Cancellations - Redfin reported that 15% of homes under contract in July were cancelled, marking the highest cancellation rate since 2017 [3] Realtor Expectations - Only 16% of realtors surveyed anticipate an increase in buyer traffic over the next 3 months [3]

US pending sales of existing homes fell for a second month in July as potential buyers balked at still-elevated prices and borrowing costs https://t.co/WTkVeAl4h7 ...

New home sales data out last hour. The number came in at 652,000 for the month of July. Stronger than expected, but still it's an 8.2% decline yearon year.A trend our next guest says benefits the rental market in particular because high home prices are sending more Americans looking for alternative options. Joining us now with his outlook, Invitation Home CEO Dallas Tanner. Dallas, it's good to talk to you today.All right. So, you have these new homes start that are are it looks it looks great. It looks lik ...

Market Overview - New home sales in July reached a seasonally adjusted annualized rate of 652,000 units, exceeding expectations of 632,000 units [1] - July's new home sales decreased by 6% month-over-month and 8.2% year-over-year [1] - June's new home sales were revised upwards to 656,000 units from an initial 627,000 units [1] Interest Rates and Pricing - July's new home sales reflect signed contracts when mortgage rates were above 6.75% [2] - The median price of a new home sold in July was $438,000, a decrease of 5.9% year-over-year [2][3] - Builders are lowering prices and buying down mortgage rates [3] Supply and Demand - Builder sentiment report for August indicates increased buyer traffic, potentially aided by lower interest rates [3] - The supply of new homes decreased to a 9.2-month supply, down from 9.8 months [3] - A balanced market requires a healthy supply [4]

Dubai is seeing record home sales, but some observers worry about a 2009 repeat https://t.co/s56nRnIFdh ...

Market Overview - The housing market has been sluggish due to high prices and interest rates [1] Regional Performance - Home sales have been strong in 10 ZIP codes across the Northeast and Midwest [1]

Housing Market Overview - The housing market is facing challenges, with 2025 projected to be one of the worst years for home sales in the past 30 years [1] - June data indicates weaker than expected performance, with 393 million (3.93% million) sales on an annualized basis [1] - Current sales are down from over 5 million pre-pandemic [1] - Housing affordability remains a significant concern for many Americans [1] Factors Influencing Affordability - Lower mortgage rates could improve affordability, but increased inventory would be even more beneficial [2] - Real wage growth outpacing inflation is a key factor in improving affordability [2] - Local city council regulations are seen as a major obstacle to building more homes [3] Potential Solutions - Reducing regulations to allow home builders to construct more homes could lead to lower prices [3] - Increased housing supply is expected to make homes more affordable and revive the "American dream" [3][4]

All right. So, folks, you may not care about the Federal Reserve or interest rates, but you may want to buy a home. And what the Fed does could influence the bond market, which could influence mortgage rates.And guess what. We got new numbers on pending home sales for the month of June. Diana Ols.>> Well, Brian, pending home sales in June dropped just less than 1% from May and we're down 2.8% from June of last year. These counts are based on signed contracts for existing homes. So, people out shopping in Ju ...