In the following video, from the REALTOR.COM YouTube channel, the Realtor.com® economics team 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.

Chief Economist Danielle Hale discusses the latest labor market indicators. Despite some slowing, the labor market remains quite healthy. Danielle also reviews that recent data on economic activity are consistent with a still-strong labor market and how pandemic savings help explain this phenomenon despite inflationary challenges to household budgets. Turning to specifics on inflation, Danielle highlights reasons to be optimistic about the June Consumer Price Index data and what it could mean for the July Fed meeting in light of the Fed’s June interest rate decision and projections.