This is a narration of our weekly Rent and Operating Trends Report. As the summer unofficially comes to a close, the U.S. economy finds itself in a similar place to where it was when the summer began. Volatility, disparity among economic indicators, and rising interest rates highlight the key aspects of the current economic landscape. And while we have focused mostly on the domestic economy, global market conditions are deteriorating even faster, especially in the Eurozone. European energy markets are in turmoil, as Russia has cut its energy supply to much of Western Europe. In the coming months we will likely see the largest economic impacts of Russia’s invasion of Ukraine, and fallout will dampen the global economy. Tune in to find out more information on multifamily dynamics during the week of September 4.
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