What the U.S. Housing Numbers Tell Us About the Economy

The video discusses the US economy's positive performance, highlighting strong housing market trends with rising home prices and increased sales. Despite some weakening in home price appreciation, the market remains robust. The Federal Reserve's stance on interest rates and the bond market's response are also analyzed, noting the global impact on yields and the Fed's cautious approach post-Brexit.

What are some reasons for the weakening of home prices mentioned in the text?

What is the current state of the bond market as described in the text?