
Daybreak Weekend: Retail Earnings, European Banking, Japan Eco
Bloomberg Daybreak: Asia Edition
00:00
U.S. Housing Market Insights and Retail Trends
This chapter analyzes the current U.S. housing market, detailing declines in single-family housing starts while multifamily units thrive. It discusses builder incentives amidst high prices and mortgage rates, as well as inventory trends affecting existing home sales. The chapter also covers retail sales growth in July, highlighting major retailers and their strategies to meet consumer demands through discounts and effective pricing.
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