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Daybreak Weekend: Home Sales Preview, Qatar Economic Forum, Baidu Earnings

Bloomberg Daybreak: US Edition

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Housing Market Challenges and Retail Implications

This chapter analyzes the current housing market trends, including a significant decline in pending home sales and rising inventory levels. It also discusses the strategic adjustments of home builders to meet affordability demands and the impact of high financing rates on consumer spending in the retail sector. Additionally, the chapter highlights upcoming earnings reports for major home improvement retailers and the challenges they face in a volatile economic environment.

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