Weekly Market Observations - September 17, 2025

Here’s Our Weekly Market Observations :

Economy

🔼 CPI up 0.4% MOM in and 2.9% YOY

🔽 Job growth in August increased by 22k

🔼 Unemployment rate increased to 4.3%

🔼 PPI increased 0.8% in July

🔼 PCE increases 0.2% MOM and 2.6% YOY

Housing Sales

🔽 July pending home sales decreased 0.4% MOM, but increased 0.7% YOY

🔼 Home resales up 2% MOM and 0.8% YOY

🔼 Resale prices increase 0.2% YOY to $422,400

🔼 Existing home inventory increased from 4 to 4.6 months

Housing Construction

🔽 Total July housing permits dropped 5.7% YOY

🔽 Single-family permits flat MOM and down 7.9% YOY

🔼 Single-family starts up 2.8% MOM and up 7.8% YOY

🔼 Multifamily permits down 1.8% YOY

🔽 Multifamily starts up 11.6% MOM and 27.4% YOY

Mortgage

🔽 Average 30-year fixed mortgage: 6.35%