REAL ESTATE JERKY DAILY

Consumer Confidence Sinks as Housing Inventory Grows

April 13, 2026 · 13:20

Welcome back to Real Estate Jerky Daily with Ed Parcaut and Mike Kelly. In this episode, Ed and Mike break down the latest housing and economic numbers, including a miss in existing home sales, another increase in inventory, and a record-low consumer confidence reading. Topics covered in this episode: Existing home sales came in below expectations National inventory moved higher again Median home price hit a record for March First-time buyer, investor, and cash-buyer activity Why the market still feels uncertain even with more listings Bond market movement and mortgage rate pressure University of Michigan consumer confidence drops to a record