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Everyday Economics: Housing market takes center stage in the week ahead | National

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www.thecentersquare.com – Orphe Divounguy – (The Center Square – ) 2025-05-19 05:26:00


As of May 2025, the U.S. economy shows mixed signals. April’s Consumer Price Index revealed a slight inflation uptick, with headline CPI rising 0.2% and core CPI steady at 2.8%. Housing inflation remains persistent, driven by rising rents and stable vacancy rates. Zillow raised its 2025 rent forecast, reflecting landlords’ ability to increase renewal rents amid renters staying longer. Housing construction fell in April, with single-family home starts down 2.1% from March and 12% below last year, due to economic uncertainty, slowing demand, and rising inventory. Upcoming home sales data will clarify market conditions, influencing economic growth prospects and Federal Reserve policy outlooks.

(The Center Square) – The U.S. economy continues to send mixed signals as we navigate through May 2025. Last week’s Consumer Price Index (CPI) for April showed inflation ticking up slightly after March’s decline. Headline CPI rose 0.2% in April, accelerating from the -0.05% decrease in March, while core CPI also increased by 0.2%, up from March’s modest 0.06% rise. On a year-over-year basis, headline inflation edged down to 2.3% from 2.4%, but core inflation remained stubborn at 2.8% for the second consecutive month.

The housing component of inflation deserves particular attention. The shelter index rose 0.3% in April, accounting for more than half of the all-items index monthly increase. Rent disinflation appears to be stalling, with the rent of primary residence index growing 0.3% month-over-month and holding steady at 4% year-over-year.

This tenacity in housing inflation reflects fundamental dynamics in the rental market. Renters are staying in place longer, allowing landlords to raise renewal rents more aggressively to catch up with open-market rates. Meanwhile, Zillow has revised its 2025 rent forecast upward, with single-family rents now expected to rise by 3.2% and multifamily rents by 2.1%. The share of rental units offering concessions is declining as vacancy rates stabilize.

Housing Market Data: This Week’s Focal Point

This week’s economic calendar spotlights housing market health with critical releases on both existing and new home sales. These reports will provide crucial insights into whether residential real estate – often a leading indicator of broader economic trends – can withstand the uncertain policy climate and affordability challenges.

Builder activity shows concerning trends

Recent data on housing construction has raised some red flags. Single-family home building decelerated notably in April, with starts dropping to 927,000 (seasonally adjusted annual rate) – a 2.1% decline from March and a worrying 12.0% below April 2024 levels.

Several factors appear to be contributing to this pullback:

  • Economic uncertainty: Trade tensions and stock market volatility in March and April created widespread concern, making builders more cautious about breaking ground on new projects.
  • Slowing demand: Zillow’s April Market Report revealed that newly pending existing home sales fell 2.5% below last year’s level, suggesting buyers were hesitating.
  • Rising inventory: With more homes on the market and slower sales, builders are naturally reassessing their production plans.

Existing home sales: A backward-looking but important indicator

Thursday’s existing home sales report will reflect transactions that went under contract in March, before the full impact of April’s peak uncertainty. Analysts will be watching closely to see if the March figures showed any early signs of the slowdown even before the April stock market plunge.

New Home Sales: A fresher look at market conditions

Friday’s new home sales report will provide a more current snapshot of the market, potentially capturing some of the April hesitation among buyers. New home sales are expected to fall slightly from the previous month.

Market implications and outlook

The housing market’s health carries significant implications for the broader economy and monetary policy. If housing data confirms a meaningful slowdown, it could:

  • Reinforce expectations of slowing economic growth: A struggling housing market would eventually feed through to declining new construction, lower employment gains and the potential for an increase in the unemployment rate. Industries tied to housing – from construction materials to home furnishings – could see ripple effects.
  • Increase pressure for rate cuts: Signs of housing and labor markets weakness might add urgency to the Fed’s consideration of interest rate reductions.

However, there are reasons to believe any housing slowdown may be temporary. Mortgage rates remain below year-ago levels, contributing to improved affordability. Additionally, the stock market has recovered its April losses, muting any negative wealth effect on consumers’ future spending plans. These factors suggest that the peak home shopping season may simply be delayed rather than dead on arrival.

The post Everyday Economics: Housing market takes center stage in the week ahead | National appeared first on www.thecentersquare.com



Note: The following A.I. based commentary is not part of the original article, reproduced above, but is offered in the hopes that it will promote greater media literacy and critical thinking, by making any potential bias more visible to the reader –Staff Editor.

Political Bias Rating: Centrist

The article provides a detailed and factual overview of recent economic data related to inflation and the housing market without injecting overt political opinions or ideological framing. It reports on economic indicators, quotes forecasts and analyst expectations, and explains potential market implications in a balanced manner. The tone remains neutral and focused on data interpretation rather than advocating for specific policy positions or blaming particular political actors. This aligns with neutral, fact-based reporting rather than expressing a partisan or ideological stance.

News from the South - Florida News Feed

Supreme Court rules against Florida firefighter who lost health benefits | Florida

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www.thecentersquare.com – By Steve Wilson | The Center Square – (The Center Square – ) 2025-06-20 13:19:00


The U.S. Supreme Court ruled 7-2 that a disabled Florida firefighter, Karyn Stanley, cannot sue the City of Sanford under the Americans With Disabilities Act (ADA) for limiting her post-retirement health insurance to 24 months. Stanley retired due to Parkinson’s disease after 19 years of service. The Court, led by Justice Neil Gorsuch, held Stanley was not a “qualified individual” under ADA as she couldn’t perform essential job functions. Justice Kentaji Brown Jackson dissented, arguing retirement benefits are vital protections against discrimination. Justices Thomas and Barrett criticized the plaintiffs for changing the legal issues mid-case, calling it unfair and inefficient.

(The Center Square) – Litigation cannot be pursued by a disabled Florida firefighter against the city of Sanford under the Americans With Disability Act, the U.S. Supreme Court ruled Friday.

Karyn Stanley, in Stanley v. City of Stanford, sued the city after officials said that her disability entitled her to only 24 months of insurance coverage. Stanley was hired by the city as a firefighter in 1999 and was forced to retire in 2018 due to a Parkinson’s disease diagnosis. 

The city changed its policy in 2003 to provide health insurance for retirees with 25 years of service up to age 65, while those who retired due to disability only received two years of coverage after leaving city service. 

Writing for the majority in the 7-2 decision, Associate Justice Neil Gorsuch agreed with the District Court ruling that said the ADA didn’t give Stanley the ability to sue since she was not a “qualified individual” because “she was not someone ‘who with or without reasonable accommodation, can perform the essential functions of the employment position that such individual holds or desires.'”

That ruling was affirmed by the 11th U.S. Circuit Court of Appeals. 

Gorsuch also said “other avenues may exist for retirees like Ms. Stanley to seek relief” and that other laws might protect retirees from discrimination with respect to postemployment benefits. 

In a dissent, Associate Justice Kentajii Brown Jackson said “retirement benefits are essential building blocks of the American Dream. Workers typically earn these benefits on the job and reap the rewards after leaving the workforce. Congress has long understood that, by enabling workers to retire with dignity, independence, and security, retirement benefits are a critical aspect of job-related compensation.”

She also said in her dissent that the court ignored those rights. 

“It (the court) reaches out to cut off postemployment protection against disability discrimination in a case that does not require us to decide that question; seizes upon the inapposite text of the qualified-individual definition; and converts that text into a temporal limit it was never designed to be,” Jackson said. “Worse still, by doing all this, the court renders meaningless Title I’s protections for disabled workers’ retirement benefits just when those protections matter most.”

In a concurring opinion with the majority, Associate Justice Clarence Thomas, joined by Associate Justice Amy Coney Barrett, took exception with what he termed “a bait and switch” where the plaintiffs asked the court to resolve what he termed a “discrete circuit split” and then asked the court to resolve “an entirely different legal question.” 

“Redirecting us to a different legal question at the merits stage can be disruptive, inefficient, and unfair to all involved,” Thomas said. 

The post Supreme Court rules against Florida firefighter who lost health benefits | Florida appeared first on www.thecentersquare.com



Note: The following A.I. based commentary is not part of the original article, reproduced above, but is offered in the hopes that it will promote greater media literacy and critical thinking, by making any potential bias more visible to the reader –Staff Editor.

Political Bias Rating: Centrist

This article primarily reports on a U.S. Supreme Court decision regarding disability discrimination and retirement benefits without adopting an overt ideological stance. The tone remains factual and neutral, presenting majority, dissenting, and concurring opinions with direct quotes from the justices. It clearly distinguishes the legal reasoning on both sides without endorsing any perspective. The coverage includes perspectives from conservative-leaning justices (Gorsuch, Thomas, Barrett) as well as a dissent from Justice Ketanji Brown Jackson, providing a balanced presentation. Overall, the article focuses on legal facts and judicial viewpoints rather than promoting a partisan or ideological agenda.

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Native American group pleased with NY mascot case being referred to DOJ | New York

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www.thecentersquare.com – Tate Miller – (The Center Square – ) 2025-06-20 08:15:00


The U.S. Department of Education has referred an investigation into New York’s effort to ban Native American mascots in schools to the Department of Justice. The Native American Guardian’s Association (NAGA), representing diverse Native views, supports this move, arguing that many Native Americans see mascots like “Chiefs” and “Braves” as symbols of honor and pride. NAGA contends that bans erase cultural visibility and ignore these perspectives. The investigation arose after the Massapequa School District was forced to remove its “Chiefs” mascot, which the district opposes. New York officials criticize the referral, but the Education Secretary states the state violated federal antidiscrimination laws and must comply.

(The Center Square) – A Native American group is pleased with the U.S. Department of Education’s decision to refer an investigation into New York institutions to the Department of Justice over the use of Native mascots in public education.

The New York Department of Education (NYDE) and the New York State Board of Regents came under fire “for their unlawful attempt to ban mascots and logos that celebrate Native American history,” an investigation that is now referred “to the U.S. Department of Justice for enforcement,” according to an Education Department release.

Vice president of the Native American Guardian’s Association (NAGA) Frank Blackcloud told The Center Square that “NAGA strongly supports the U.S. Department of Education’s decision to refer this investigation to the Department of Justice.”

NAGA is a nonprofit collective of American Indians aiming to “reserve the rich legacy of [their] ancestors and ensure that American Indian names, symbols, and traditions are honored – not erased,” according to its website.

Blackcloud told The Center Square: “We view [this referral] as a crucial step towards upholding free speech and ensuring that policy decisions impacting Native American heritage consider diverse viewpoints within our communities.”

“Attempts to impose sweeping bans often disregard the many Native Americans, including NAGA members, who find these symbols honorable,” Blackcloud said.

“This referral allows for a more thorough and just examination, rather than a unilateral decree,” Blackcloud said.

Additionally, Blackcloud said that “banning Native American mascots and logos is wrong because, for many, they represent honor, strength, and pride.”

“Names like ‘Chiefs,’ ‘Braves,’ and ‘Redskins’ were chosen to evoke admirable qualities like leadership and courage,” Blackcloud said.

“NAGA believes equating these terms with derogatory slurs mischaracterizes their intent and historical usage for many Native people,” Blackcloud said.

“Crucially, a significant portion of Native Americans do not find these symbols offensive; instead, they find them empowering and a source of pride,” Blackcloud said.

“Such bans stifle respectful cultural expression and ignore these diverse voices, leading to an erasure of Native American visibility rather than fostering true understanding,” Blackcloud said.

The investigation against NYDE and the New York State Board of Regents came about after “allegations that the Board was violating federal antidiscrimination law by forcing the Massapequa School District to eliminate its ‘Chiefs’ mascot based on its association with Native American culture,” as stated by the Department of Education.

When reached for comment, the Massapequa Board of Education told The Center Square that the referral of the New York investigation to the Department of Justice “represents another major step towards victory in Massapequa’s fight against New York State.”

“We look forward to prevailing in court and invalidating the State’s unconstitutional, discriminatory regulation,” the Massapequa Board said.

“In Massapequa, we are Chiefs,” the Massapequa board said. “That’s not changing anytime soon.”

New York State Education Department spokesman JP O’Hare holds a different view of the investigation and referral. O’Hare told The Center Square that “the referral of this matter to the Department of Justice shows that USDOE’s investigation was a farce from the outset.”

“To the extent that any investigation took place, it represents a blatant attempt to do a political favor for the Massapequa Board of Education,” O’Hare said.

“Rather than wrestling over mascots, maybe we could all focus on what’s paramount, ensuring our schools are inclusive and respectful for every student,” O’Hare said.

U.S. Secretary of Education Linda McMahon said in a Department of Education release that “both the New York Department of Education and the Board of Regents violated federal antidiscrimination law and disrespected the people of Massapequa by implementing an absurd policy: prohibiting the use of Native American mascots while allowing mascots derived from European national origin.”

“Both of these entities continue to disrespect the people of Massapequa by refusing to come into compliance with the Office for Civil Rights’ proposed agreement to rectify their violations of civil rights law,” McMahon said.

Blackcloud told The Center Square that there are “complex and varied opinions within Native American communities on this topic.”

“NAGA advocates for accurate and honorable representation,” Blackcloud said and that “banning these symbols often inadvertently leads to greater invisibility for Native Americans in mainstream society, counteracting the very goal of recognition and respect.”

The post Native American group pleased with NY mascot case being referred to DOJ | New York appeared first on www.thecentersquare.com



Note: The following A.I. based commentary is not part of the original article, reproduced above, but is offered in the hopes that it will promote greater media literacy and critical thinking, by making any potential bias more visible to the reader –Staff Editor.

Political Bias Rating: Center-Right

The article primarily reports on the referral of the investigation into Native American mascots in New York public education to the Department of Justice and presents the perspectives of involved parties. While it includes dissenting views from New York State officials, the overall tone and framing lean toward supporting the viewpoint that opposes banning Native American mascots. The language and choice of quotes emphasize honoring tradition, free speech, and push back against what is described as an “unlawful attempt” and a politically motivated investigation. It highlights the Native American Guardian’s Association’s and Massapequa Board’s defense of these mascots as symbols of pride and respect, while framing opposition as dismissive of those Native voices. Thus, the article subtly favors a conservative, traditionalist stance that critiques what it depicts as governmental overreach and political correctness, aligning it with a center-right ideological perspective rather than maintaining strict neutrality.

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Affidavit: Minnesota shooter bought Buick, electric bike to escape | Minnesota

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www.thecentersquare.com – Jon Styf – (The Center Square – ) 2025-06-17 08:29:00


Vance Boelter, accused of assassinating Minnesota House Speaker Emeritus Melissa Hortman, her husband, and shooting state Sen. John Hoffman and his wife, attempted to evade authorities by purchasing a Buick sedan and electric bike from a stranger. A 20-page affidavit reveals Boelter’s premeditated actions, including fake police plates, weapons, $10,000 cash, and passports in his SUV, alongside GPS data targeting politicians’ homes. He sent cryptic texts to family indicating violence and warned of armed visitors. Authorities found notebooks with politicians’ information, silicone mask sources, and tactical gear. Surveillance footage and recovered items detail his movements during the shootings.

(The Center Square) – The accused Minnesota shooter bought a Buick sedan and electric bike from an individual he met at a bus stop as he worked to escape authorities before being cornered and arrested near his home in Green Isle, Minnesota, according to a 20-page affidavit filed regarding 57-year-old Vance Boelter.

Boelter has been charged with stalking and killing Minnesota House Speaker Emeritus Melissa Hortman and her husband along with the shooting of state Sen. John Hoffman, DFL-Brooklyn Park, and his wife. The Hoffmans are expected to make a full recover.

The affidavit shed light on the activities that led to and included the shooting of four people – two who were killed – early Saturday in what has been described by authorities as an assassination of elected officials.

Boelter allegedly texted his family members including his wife and children at 6:18 a.m. on Saturday, writing “Dad went to war last night … I don’t wanna say more because I don’t wanna implicate anybody.”

He also allegedly then texted his wife, writing “words are not gonna explain how sorry I am for this situation … there’s gonna be some people coming to the house armed and trigger-happy and I don’t want you guys around.”

The affidavit detailed that two handguns, $10,000 and passports for Boelter’s wife and children were found in the car with them.

Boelter’s SUV included a fake plate with the letters “POLICE” on the back from items he purchased at Fleet Farm. It also included a Garmin GPS device with the addresses of the politicians whose homes he went to along with the addresses of at least two other state officials.

It also included an address to a home he shared with a roommate, which authorities then searched and found notebooks with the names and addresses of Minnesota politicians.

Another notebook included the websites of three companies that sold silicone masks like the one he was allegedly wearing when he showed up at the homes of the individuals he is accused of shooting.

A receipt showed that Boelter allegedly bought a flashlight, tactical rifle case, ammunition and the materials used to make the license plate.

The affidavit also detailed what security cameras saw at the homes where he is accused of the shootings.

Many of the items described were found outside of the Hortmans’ home after Boelter allegedly fled to elude police.

The post Affidavit: Minnesota shooter bought Buick, electric bike to escape | Minnesota appeared first on www.thecentersquare.com



Note: The following A.I. based commentary is not part of the original article, reproduced above, but is offered in the hopes that it will promote greater media literacy and critical thinking, by making any potential bias more visible to the reader –Staff Editor.

Political Bias Rating: Centrist

This article from *The Center Square* presents a factual account of a violent crime involving elected officials without inserting ideological commentary or partisan framing. It reports on the actions, evidence, and legal charges related to the accused without implying political motivations beyond what law enforcement has described. The focus is on the affidavit’s content, forensic details, and timeline of events, maintaining a neutral tone throughout. While it references Democratic officials as victims, it does so in a purely informational context, not as a vehicle for partisan sympathy or critique. Thus, the reporting remains balanced and fact-driven.

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