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20th Jul 2022 15:05U.S., Daily Monitor

Home prices are falling; don’t be deceived by the high year-over-year rate...

Plunging sales and soaring inventory will drive a shift to a new, lower equilibrium level of prices.

Expect a modest bounce in the July Philly Fed, and further signs of easing supply constraints.

business capex capex construction Empire State Manufacturing survey empire state survey existing home prices fed home sales housing market ism January July June manufacturing national ism oil philly fed September supply chain surveys

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Keywords for: 21 July 2022 US Monitor

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