On today’s Hot Sheet, Byron Lazine broke down Logan Mohtashami’s Housing Market Tracker, showing a housing market that remained more resilient than expected through the first half of 2026 despite geopolitical tensions, higher oil prices, and persistent inflation concerns.
He then reviewed the U.S. Bureau of Economic Analysis (BEA) May PCE report showing personal income and spending both rose 0.7% while the Fed’s preferred inflation gauge remained elevated.
He also covered the latest home price data from S&P Dow Jones Indices and Cotality and the Federal Housing Finance Agency (FHFA), highlighting muted annual price appreciation and further signs that the housing market continues to cool.
