Part 2: Current State of the Housing Market; Overview for mid-December 2025

Retail Sales Unchanged in October

November Employment Report: 64 thousand Jobs, 4.6% Unemployment Rate; October Lost 105 thousand Jobs

Tuesday: Employment Report, Retail Sales

Part 1: Current State of the Housing Market; Overview for mid-December 2025

NAHB: Builder Confidence Increased Slightly in December, Negative territory for 20 consecutive months

Housing December 15th Weekly Update: Inventory Down 2.5% Week-over-week

Realtor.com Reports Median Listing Prices Down 1.2% Year-over-year

Schedule for Week of December 14, 2025

Goldman on Shelter Inflation