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U.S. Economy Surges 3.4%, but Housing Falls Behind

Episode 1803 Published 6 hours ago
Description

The U.S. economy grew a stronger-than-expected 3.4% in the third quarter, fueled by consumer spending and a surge in artificial intelligence investment. But while AI spending is booming, the housing market is moving in the opposite direction.

 

Residential investment fell for the sixth time in seven quarters as high mortgage rates continued to weigh on buyers and builders. Kathy Fettke breaks down what's driving economic growth, why housing is falling behind, and how the AI boom and slowing construction could create new opportunities for real estate investors.

 

Learn more about building wealth through real estate at RealWealth.com.

 

Sources: https://www.npr.org/2026/10/29/nx-s1-6021008/economy-gdp-inflation-midterms-voters-affordability

https://www.bea.gov/news/2026/gdp-advance-estimate-3rd-quarter-2026

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