The Realtor.com® economics team video update gives you the relevant economic and real estate information you need to know to navigate the housing market as a homebuyer, home seller, or industry professional.

In May, Chief Economist Danielle Hale examines economic and labor market indicators which are tracking in line with solid but slowing growth. She recaps the May Fed meeting and how recently higher inflation factors into the mix. Danielle notes that interest rates, including mortgage rates have eased following the Fed meeting, but highlights that inflation data will shape the trends ahead. Meanwhile, in the latest Realtor.com housing data, Danielle finds a good-news-bad-news story for shoppers.