What the Feds look at and how they’ve been behaving.

CPI Consumer Price Index down from 9% to 3.2%. Core CPI 6.6% to 4.7%.

Inflation June 2022 9.1% today 3.2%

Shelter costs rose 7.9% in the last year.

Median Home price 2019 $322K today $458k

Housing inventory average 1982-2023 2.3M April 2023 1M.

We are well on our way to lower Fed Rates, Lower interest rates and with that more inventory as the Pain to Sell wanes.

Its Monday almost the end of August already. Someday we will look back at 2023 and say whew got through that year.