Market Movements: GDP, Jobless Claims, and Home Sales – Real Estate Jerky Daily
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Welcome to another engaging episode of the "Real Estate Jerky" podcast. I'm your host Ed Parcaut, joined by co-host Mike Kelly. Today, we delve into the latest economic indicators and their impact on the real estate market. We’ll discuss the recent GDP figures that were lower than expected, analyze the trends in pending home sales that surprisingly exceeded predictions, and touch on the stability of the job market as seen through initial jobless claims. Additionally, we explore the adjustments in interest rates and consider how these shifts are influencing current real estate dynamics. Get ready for an insightful dive into the numbers and trends shaping our economic environment.
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