The Permit Drop That Could Keep Home Prices High

New housing data from June 2026 shows a striking divergence: housing starts surged to 1.427 million annualized units, while building permits dropped to 1.374 million. Historically, permits predict future starts, so this gap signals that supply growth may slow just as demand stays resilient. With the 30-year fixed mortgage rate at 6.58% and median home prices edging up to $410,700, the market faces a potential supply crunch. Meanwhile, homebuilder stocks like PulteGroup and Lennar have rallied over 4% in the past week, reflecting investor confidence in their ability to navigate higher costs and tariffs. In this episode, Lucas and Luna break down the permit paradox: why fewer permits might actually keep home prices elevated through the rest of 2026. #HousingEconomy #HomePrices #BuildingPermits #HousingStarts #HomebuilderStocks #MortgageRates #CaseShiller #SupplyDemand #RealEstateMarket #FexingoBusiness #BusinessPodcast #Economics #June2026Data #HomeBuilders #PermitPuzzle #HousingSupply #PriceOutlook #Tariffs Keep every episode free: buymeacoffee.com/fexingo