Today’s focus: Fresh housing data and real-time market signals from the past 24 hours.
Covered in this episodePending home sales surged in November, posting the strongest reading in nearly three years and beating expectations — a sign that buyers are re-engaging when conditions feel workable, even with elevated mortgage rates.
Home price growth slowed sharply, with government data showing year-over-year appreciation at its weakest pace since 2012. Slower price growth eases affordability pressure and changes buyer psychology, even without a rate breakout.
Banks tapped the Federal Reserve’s repo facility heavily at year-end, a reminder that liquidity conditions remain tight beneath the surface. Not a crisis signal, but an important piece of market plumbing to watch.
Regional housing markets continue to diverge, with areas like upstate New York seeing fast sales and tight inventory, while buyers adapt by targeting smaller or older homes to manage affordability.
Dateline NBC
Current and classic episodes, featuring compelling true-crime mysteries, powerful documentaries and in-depth investigations. Follow now to get the latest episodes of Dateline NBC completely free, or subscribe to Dateline Premium for ad-free listening and exclusive bonus content: DatelinePremium.com
Stuff You Should Know
If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks, then look no further. Josh and Chuck have you covered.
The Breakfast Club
The World's Most Dangerous Morning Show, The Breakfast Club, With DJ Envy, Jess Hilarious, And Charlamagne Tha God!