
🚨 Housing on Two Tracks: Sales Slide, Construction Surges 🚨
Today’s market update covers:
🏠New home sales down 8.2% year-over-year
🔑 Existing home sales unexpectedly tick higher
🏗️ Housing starts surge—especially apartments—while permits slip
đź’Ľ Record-breaking $225M Florida estate sale
📊 Rates holding steady at 6.63%
Markets may be quiet, but the housing data isn’t.
🎧 Tune into the latest episode of my daily market update podcast for the full breakdown—now streaming on Apple Podcasts & Spotify.
The skinny
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