09/17/2026
US Confidence Hits Seven-Mo Low
I always strive to keep my clients informed about the bigger picture, especially when economic shifts might influence your home buying or selling plans. Recently, US consumer confidence reached a seven-month low: people are feeling more at ease with present conditions, but worries about income, business, and job prospects in the coming months have grown. The present-conditions index jumped about 7 points to 121, yet the expectations gauge dipped roughly 6 points to 68—a level historically tied to recession concerns. Early in Q3, employers cut 23,000 jobs, and unemployment edged up to about 4%. This was mainly because more people left the workforce, not because hiring picked up. Even with these uncertainties, the drive to buy homes hasn't cooled much. In fact, homebuying expectations eased only slightly and even continued rising, despite around 61% of people expecting interest rates to climb higher. With policymakers holding rates steady and markets seeing little relief in the short term, borrowing costs are likely to remain elevated through the end of the year. As someone who values honesty and truly cares about guiding families through their real estate journeys, I’m here to help you make sense of what these numbers mean for your next move.