Monthly Housing Market Update 9122023

>> YOUR LINK HERE: ___ http://youtube.com/watch?v=TjE34PFi3wY

The Realtor.com® economics team video update gives you the relevant economic and real estate information you need to know to navigate the housing market as a homebuyer, home seller, or industry professional. • In September, Chief Economist Danielle Hale discusses the latest labor market indicators and what they signal for the health of US consumers and the economy. • Danielle highlights how consumers are still tapping savings to expand household budgets, right-sizing their rainy day funds. • Looking at the inflation landscape, Danielle recaps recent trends and discusses their implications for the September Fed meeting in light of the Fed’s July interest rate decision and June projections. • Danielle recaps the latest mortgage rate trends and gives her perspective on what’s ahead for rates. • Discussing the latest Realtor.com housing data, Danielle notes that after two months of declines, prices grew year over year according to Realtor.com’s August Housing Trends report, authored by Economic Data Manager Sabrina Speianu. Furthermore, an unprecedented seasonal move in new listings could bode well for buyers. • Nevertheless, Existing Home Sales continue to be held back by low inventory while builders sell more new homes. Danielle discusses how recent trends in new home construction and builder confidence could shape the fall market. • The rental market has recently charted a somewhat different course than the for-sale market, and Danielle shares findings from the July Rental Trends report by Research Economist Jiayi Xu. • Finally, Danielle reviews the markets identified as 2023’s Hottest Zip Codes based on insights from Sr. Research Analyst Hannah Jones. • Find details and Realtor.com® housing data for download at realtor.com/research. And follow us on X (formerly twitter): @rdc_economics, for real time updates. • Have an economic question you want the team to answer? Leave a note in the comments below! • ********* • Find your home on https://www.realtor.com • • ********* • Download our mobile app: https://www.realtor.com/mobile • • ********* • Follow us on: • Facebook: / realtor.com • Twitter: / realtordotcom • Instagram: / realtordotcom • Pinterest: / realtordotcom • • ~-~~-~~~-~~-~ • Learn More about the home buying process: Home Buying 101: How Do I Get Started? • • How to Buy a Home: How Do I Get Start... • ~-~~-~~~-~~-~ • • #realtor #realestate

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