REAL ESTATE JERKY DAILY
Rental Growth Slows as Shelter Inflation Finally Shows Relief
Ed Parcaut and Mike Kelly cover retail sales, oil prices, jobless claims, rental inflation, mortgage-rate movement, and a real escrow mistake involving a VA appraisal fee. Retail sales came in line with expectations, rental growth slowed again, initial jobless claims fell, and continuing claims dropped to a recent low. At the same time, oil moved higher near $80, keeping pressure on inflation and mortgage rates. Ed also explains how a VA appraisal payment mistake created confusion after closing. A fast Real Estate Jerky Daily market update with the usual bite.
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