REAL ESTATE JERKY DAILY
Housing Starts and Permits Drop: What It Means for the Market
Welcome to another episode of Real Estate Jerky Daily with your host Ed Parcaut! 😊 Today, we're diving into the latest updates in the housing market, key economic indicators, and upcoming events that could impact the market. 📉 **Key Points Discussed:** - **Housing Starts:** July figures are down to a 1.2238 million annualized pace, falling short of estimates. What does this mean for the market? - **Housing Permits:** A decrease in permits signals potential future slowdowns. - **National Association of Housing Builders Index:** Down two points, indicating lower builder confidence. - **Retail Sales:** Surprisingly strong results for July, wit
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