Story perspectives
U.S. GDP Projected to Rebound Amid Rising Home Prices
8/25/2025
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Story summary
- The U.S. will release Q2 GDP growth on August 28, projected at 3.0% after a 0.5% Q1 contraction.
- July Pending Home Sales are expected to decline by 0.2%. Canada’s June GDP is forecasted to rise by 0.1%.
- Higher interest rates are limiting economic momentum despite strong consumer spending; Core PCE Price Index is expected to slow to 0.2%.
- Chester County, PA, home prices rose 9.5% year-over-year in July, reaching a median of $579,745, but affordability remains a challenge.
