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Macro Insights Flow Down to Consumer Reality
Understanding macroeconomic indicators like GDP, inflation, and interest rates informs insights about the individual consumer's strength and the real estate market. Since the pre-COVID peak, real GDP has risen by 9.4%, while real per capita GDP increased by 6.9%. Additionally, real retail sales grew by 10.1% and the median home price surged by 53.8%, highlighting significant growth in key economic metrics that reflect consumer behavior and asset values.