08/17/2026
Last Week Economic Housing Summary
Some encouraging news on inflation this week, with price pressures continuing to cool. At the same time, existing home sales slowed in July, while home values continued to show strength.
A few key takeaways:
• Inflation came in better than expected
• Existing home sales declined 1.7% in July
• Home prices remain higher than a year ago
• Cooler inflation could help ease pressure on mortgage rates moving forward
As always, the housing market is local. If you’re thinking about buying, selling, or refinancing, I’m happy to help you look at the numbers and see what makes sense.