This is a narration of our weekly Rent and Operating Trends Report.
The US employment market is growing with over 500k new jobs and an unemployment rate of 3.4%. Sectors including leisure and hospitality, professional and business services, government, and healthcare are growing. Wages have increased 4.4% YoY, with a slowing pace seen as positive by economists. Corporate earnings mixed with economic growth skepticism.
Tune in to find out more information on multifamily dynamics during the week of February 5th, 2023.
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