The Most Disappointing Rate Cut Ever
With the last CPI and PPI prints percolating and soon reported CPI to be affected by post-August 1st higher tariffs, there's risk for inflation reports to start moving up.
Supply, Not Sun, Powers Housing Gains
As of June 2025, the data shows national home prices up 1.89% year-over-year and 55.5% since February 2020, with the Composite 20 index just 0.15% below all-time highs.
