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

Economists expect these tariffs to raise consumer prices, which would contribute to further inflation. 

As Robert Frick, Corporate Economist with Navy Federal Credit Union, explains:“Hopes that an economic slowdown will depress housing prices are wishful thinking at this point . . .”Bottom LineIf you’ve been waiting for a recession to make your move, it’s important to understand what really happens during one – and what likely won’t.

Danielle Hale, Chief Economist at Realtor.com, explains:“The number of homes for sale is rising in many markets, giving shoppers more choices than they’ve had in years . . . the market is starting to rebalance.”How Much Growth We’ve Seen Varies by AreaBut, how long it’s going to take to achieve true balance is going to vary by area.

Rent control is widely discredited by many if not most economists, and many housing advocates.

I'm no economist and won't pretend to have a super sophisticated understanding of the economics that drive appreciation in the USA.

As HousingWire explains:“Analysts, economists and mortgage professionals are coining this quarter’s activity as one of the most “calm” periods for mortgage rates in recent memory.”How This Helps Today’s BuyersLet’s be real.

Core PPI (excluding volatile food and energy) was flat MoM and 2.6% YoY, both also lower than expected.Fun fact, PPI came in lower than all 50 economists in Bloomberg’s survey predicted.What’s the difference in CPI and PPI?

They had powered spending coming out of the pandemic, but not recently (Economist Mark Zandi).”

That is not something where a person pays for these goods or services because the utility outweighs the spending, and so you have what economists call units of happiness.