While the Core PCE Index came in at 3.0%, below the expected 3.3%, overall inflation remains well above the Federal Reserve's 2% target.

With inflation still running above the Federal Reserve's target, there remains room for rates to stay elevated or potentially increase over the next several rate decisions if the Fed remains focused on restraining inflation.

The thermostat is one of those household features buyers can walk past several times without giving it much thought. If the temperature feels comfortable during the showing, there may seem to be little reason to investigate further. But where a thermostat is located can influence what it senses about the temperature inside the home.

Buyers usually tour homes with the lights on, doors open, and every room ready to be seen. That makes sense for a showing, but it does not necessarily reveal how the layout will function when the house is dark and everyone is asleep. One surprisingly useful way to evaluate a floor plan is to imagine walking from each bedroom to a bathroom in the middle of the night.