Economic HeadlinesThe economic narrative has shifted from "gradual recovery" to "geopolitical volatility" as conflict in the Middle East continues to dictate the pace of inflation and interest rates. For multifamily operators, the immedi...

Economic HeadlinesImpacts related to the conflict in the Middle East continue to dominate economic headlines. All data stated are based on the publication date of this report, and they are subject to change.· Crude Oil n...

Labor Market Loses MomentumThe February jobs report was weaker than expected, with the U.S. losing 92,000 jobs and falling well short of the growth economists projected. While the unemployment rate remains relatively low at 4.4%, ...

Prior to increased global tensions, mortgage rates hit a milestone as the average 30-year fixed-rate dropped to 5.98% last week—the first time the metric has dipped below 6% since September 2022.This slight decline from 6.01% the prior w...

Major upgrades to Radix’s market intelligenceThis week, we've integrated millions of new public data points into our Research product, adding tens of thousands of properties to our Radix Analytics platform for a more comprehensive...

The first half of February delivered a wave of favorable economic data, painting a more optimistic picture for the start of the year than many analysts predicted. The combination of cooling costs and a resilient labor market provides a strong f...

The labor market kicked off 2026 with a surprising 130,000 new jobs in January based on today’s report from the Bureau of Labor Statistics. It was more than double economists’ expectations.From an industry perspective, health care and so...

The U.S. Census Bureau’s first look at 2025 population data revealed a significant cooling trend. As of July 1, 2025, the U.S. population grew by 1.8 million from the prior year, or 0.5%. It was a sharp deceleration compared to the prior year’s...

Winter Storm Fern wreaked havoc on the U.S. this past week, with early estimates predicting more than $100 billion in total economic losses.According to MarketWatch, analysts from Morgan Stanley believe the storm’s disruption could shave...

This week's RAOT As of January 18, annual rent growth for multifamily was 1.8% at the national level. The U.S. occupancy rate was stable at 92.8%.Also in this week's report, a recent survey of economists showed an improved outlook for jo...

The U.S. labor market ended the year with an unemployment rate of 4.4%, reinforcing expectations that the Fed will keep interest rates steady at its meeting later this month.While the jobless rate was low, it was a lackluster year of job...

While 2025 might be in the rearview mirror, many of its economic trends carry into 2026. These are a few to watch that influence demand for multifamily.Can the labor market rebound and spur household formation? It was one of the biggest ...

The year ended with a strong reading for U.S. gross domestic product (GDP) growth. Last week, the Bureau of Economic Analysis announced its preliminary reading of 4.3% annual growth in GDP for Q3 2025. It significantly outperformed expectations...

Existing home sales rose for the third consecutive month in November based on data from the National Association of Realtors.The seasonally adjusted total of 4.13 million homes sold in the last year was the highest since February, but it...

The U.S. Bureau of Labor Statistics released its initial estimates for November’s job growth. Nationally, employers added a total of 64,000 jobs for the month, but other details in the report pointed towards a weakening labor market as the year...

The Fed cut interest rates by 25 basis points today, putting the target federal funds rate in the range of 3.50% to 3.75%. The recent peak was 5.25% to 5.50% in July 2023.Additional cuts in the near term could be more difficult as the co...

This week, the Organization for Economic Co-operation and Development (OECD) released its latest outlook for U.S. and worldwide growth for 2026. The general sentiment is that economic growth will remain positive next year, but it will moderate ...

Labor market reports released after the government shutdown present a mixed picture for the Federal Reserve's interest rate decision on December 10.On a positive note, the Bureau of Labor Statistics reported 119,000 new jobs were added i...

As part of the wide-ranging impact of the government shutdown, many standard economic reports were not published during the last several weeks. Even though alternative sources were leveraged for some indicators, the situation still created unce...

As of the production of this report, it appeared the U.S. government was on the brink of re-opening, which will hopefully improve the outlook for consumers.The University of Michigan’s consumer sentiment index for November 2025 was almos...

The typical first-time home buyer in the U.S. was 40 years of age, an all-time high, according to an annual report released this week from the National Association of Realtors. The surveys were based on transactions between July 2024 and June 2...

This week’s top stories presented a stark contrast: record highs on Wall Street alongside high-profile layoff announcements. Meanwhile, the Fed is set to decide on interest rates without all the normal data at its disposal due to the ongoing go...

Based on a Wall Street Journal report, the number of unemployment claims filed by federal workers jumped significantly in early October. The federal government remained closed as of the publication of this report, but unemployment insurance cla...

The Wall Street Journal published the results from its quarterly survey of economists this week. Overall, the group projected the economy will continue to grow, unemployment will remain low, but job growth will be weak in the near term. 

The ongoing government shutdown continues to dominate news cycles on a variety of fronts. One of its impacts last week was the lack of a national jobs report from the Bureau of Labor Statistics. In its absence, many are turning to alternative m...