Personal Income Increased 0.4% in July; Spending Increased 0.5%

Friday: July Personal Income and Outlays

Fannie and Freddie: Single Family Serious Delinquency Rates Unchanged in July

Inflation Adjusted House Prices 2.5% Below 2022 Peak; Price-to-rent index is 9.8% below 2022 peak

NAR: Pending Home Sales Decrease 0.4% in July; Up 0.7% YoY

Q2 GDP Growth Revised up to 3.3% Annual Rate

Weekly Initial Unemployment Claims Decrease to 229,000

Thursday: GDP, Unemployment Claims, Pending Home Sales

How to Prevent the Next Financial Crisis

Final Look at Local Housing Markets in July and a Comment on July Sales from Tom Lawler