AI Data Insight
The latest Chicago Fed National Activity Index (CFNAI) shows that the personal consumption and housing sub-component rebounded to 0.01 in Q3 2026, a significant improvement from the previous value of -0.09, turning from negative to positive. Although overall economic activity and the production side experienced a slowdown, consumer spending and home-buying demand from high-net-worth individuals continue to support overall momentum. However, as mortgage rates approach 7% and inflation remains sticky, future housing affordability still faces challenges.