Starts beat estimates on multifamily volatility, but permits fell 3.0% monthly and 2.3% annually, signaling a weaker forward pipeline.

Advisors question whether Kelley Blue Book Homes can differentiate in seller leads, as servicers already market valuations to homeowners.

Keller Williams agreed to acquire Jason Mitchell Group, adding a lead network model as analysts cite possible IPO preparation.

June CPI declined 0.4% and ran 3.5% year over year, and flat monthly inflation weakens the argument for a July hike.

Inventory is 1.56 million with 4.6 months of supply, helping keep 1.8% home-price growth below wage gains running near 3.5%.

With weaker jobs and lower oil prices, hawkish Federal Reserve members have less ammunition for multiple rate hikes in 2026.