Capital markets remain volatile as the macro economy continues to grind its way forward. Slightly higher than expected inflation numbers from both the CPI and PCE indices have pushed treasury yields higher, with the two-year treasury reaching its highest level in more than 15 years.
We are excited to announce our 33rd market opening in Radix Research. The Colorado Springs MSA opened in our research platform this week as we continue to expand our market coverage.
Knowing the source of your multifamily data is essential to ensuring the success of your investments and assets. This is why having a transparent, clear, and credible information source is so important. Unfortunately, third-party data providers frequently use outdated information that hasn’t been updated for weeks or even months.
The economy continues to churn forward as we approach the midpoint of the first quarter. Employment remains the strongest facet of the domestic economy, with job gains outpacing estimates and new jobless claims falling well below long-term averages.
The multifamily industry has experienced significant changes with technology integration as professionals have become more adept at incorporating new tools into their workflow. However, one ongoing challenge remains – effectively leveraging these innovations in the critical task of conducting market surveys.
The U.S. employment market continues its impressive growth, as the January jobs report blew away expectations. More than 500,000 new jobs were created in January, and not only is the sheer volume significant, but the diversity of new jobs across employment sectors is equally important.
The economy has a significant impact on the multifamily industry, causing companies to adjust their strategies accordingly. However, solely relying on economic trends and intuition can result in reactive decision-making that can negatively impact investment performance.
As we enter into the second quarter of 2023, it’s worth taking a step back and examining the current state of the macro economy and multifamily industry. Overall, the employment market is very strong, with unemployment rates remaining at around 3.5%.