ESA Car Keys | Toyota, Honda, Nissan, and Hyundai posted double-digit gains in U.S. sales last month behind strong demand for light trucks, marking the first time since 2015 all four Asian companies rose 10+% year-over-year.

The July housing market delivered a 2.5% increase in EHS versus June, and a year-over-year lift of 0.6%. Inventory levels remain decidedly depressed and prices continue their upward arc.

Existing home sales in the US remained flat in August versus July, and down 1.5% year-over-year. Median prices continued to increase.

auto-market-Q2-2018

U.S. auto sales are maintaining momentum through two quarters of 2018, though 2nd-half challenges are looming, such as interest rate hikes, high levels of late-model preowned vehicles, and continued changes to US tariff policy.