The bond market is surging this morning following a decisively weak August employment report, which showed just 22,000 jobs added—a far cry from the 80,000 economists had expected.

Some "economists" are even calling this current economy "stagflation lite" lol.

It's the Anna Karenina housing market: Everyone is unhappy, but each in their own way,' said Realtor.com senior economist Jake Krimmel.

The event featured many of the world’s central bankers, economists, and policymakers talk talk talking (and a few walk and talks) about global economics, focusing on inflation dynamics, labor markets, and policy frameworks.

Because that's what fits on my screen) ;-) There is no regard to type of listing and new construction is not includedAnd here is the price distribution.Well, it's now March 12, 2025 and about 19 days later from the first post.DC Housing Market Sees Continued Surge In Listings As DOGE-Recession LoomsBright MLS, a multiple listing service covering the Mid-Atlantic region, released new weekly data through March 9 showing that active listings are piling up, totaling 31,597—up 20.2% from the same week one year agoRecall that Torsten Slok, chief economist at Apollo, recently said "The consensus expects total DOGE-related job cuts to be 300,000 ...

The event gathers a who's who of central bankers, executives and economists.

As Heather Long, Chief Economist at Navy Federal Credit Union, explains:“This largely reflects two trends: New homes are getting smaller on average, and builders are doing more price cuts.”If you’ve ruled out new construction based on price alone, it’s time to take another look.

Inflation will come down a lot more if we get a Recession.10yr yield = risk of inflation change + risk of GDP growth change10yr yield rose from September 18th from 3.6 to 4.8 not due to rising risk of inflation but due to FED cuts stimulating GDP growth in a falling inflation environment10 yr yield falling since January 14th from 4.8 to 4.0 now due to massive fall in expected GDP growth (Atlanta FedNow at -3.7% for 1st quarter down from +2%) and this is believed by most economists to be due to anticipation of Trump Tariffs crippling global trade, despite their increasing of inflation which would increase yieldsSo, recession or Trump-Cession is the fear.

According to Danielle Hale, Chief Economist at Realtor.com:“. . . the balance of power in the housing market keeps shifting in favor of homebuyers. . .

Companies are absorbing costs or cutting production—moves economists warn aren't sustainable—before tariff impacts even show up in official data.