On today’s Hot Sheet, Byron Lazine broke down Logan Mohtashami’s Housing Market Tracker showing inventory growth has slowed sharply from a 33% year-over-year peak in 2025 to just 3.21% last week, with only 1,517 homes added compared to 11,263 during the same week last year.
He also reviewed March CPI data showing inflation rose 0.9% for the month and 3.3% annually, driven by energy costs, while core inflation held at 0.2% monthly and 2.6% year over year.
For today’s third topic, Byron unpacked the latest PCE data showing personal income fell $18.2 billion while consumer spending jumped $103.2 billion, signaling resilient demand despite softer income growth.
