06/18/2026
π Economic Update | June 17, 2026
π‘ Housing Market
β
Existing home sales rose 3.2% in May to the highest level since December.
π Home prices increased 1.3% year-over-year, marking 35 straight months of annual gains.
π° Inflation
β οΈ CPI rose 0.5% in May, pushing annual inflation to 4.2%.
β½ Higher gas, energy, and housing costs continue to impact consumers.
π Consumer Sentiment
π Consumer confidence improved 9.2% in June, but remains below last yearβs levels.
π This Weekβs Key Reports
β’ Housing Starts & Building Permits ποΈ
β’ Retail Sales ποΈ
β’ Jobless Claims πΌ
β’ Pending Home Sales π
Questions about the market or home financing? Iβd love to help!
π 770-868-7770
π§ [email protected]
π www.synovus.com/lesliewatson
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