This is a narration of our weekly Rent and Operating Trends Report.
The global economy is expected to face challenges in 2023, but it is not predicted to experience a major downturn. Inflation is starting to reverse course and the Federal Reserve's interest rate increases to combat it have not yet negatively affected the employment market. The multifamily housing market has seen slight dips in occupancy and leased percentages, but traffic has increased and owners are taking advantage of lower interest rates to refinance.
Tune in to find out more information on multifamily dynamics during the week of January 15th, 2023.
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