Tonight: markets closed lower as energy prices revived Fed rate-hike concerns (S&P -0.2%, Nasdaq -0.4%, Dow -464). Real estate is sending mixed signals -- July home sales up 7% YoY, but new contracts stalled as mortgage rates climbed; some economists say housing may have already peaked for 2026. Commercial real estate transactions hit $216B in Q1, up 18% YoY. The thread connecting both: rate expectations.

Sources: bloomberg.com, tradingeconomics.com, realestatenews.com, jll.com