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 in September on a seasonally adjusted basis, more than double what many economists expected, but there was a downward revision of 33,000 jobs combined for July and August. The unemployment rate was 4.4% in September. It remained low by historical standards, bu...
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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 in September on a seasonally adjusted basis, more than double what many economists expected, but there was a downward revision of 33,000 jobs combined for July and August. The unemployment rate was 4.4% in September. It remained low by historical standards, bu...
More Stability for Multifamily Performance Heading into Summer 2025
The Radix Review: Multifamily Trends Explained
5 minutes
6 months ago
More Stability for Multifamily Performance Heading into Summer 2025
Heading into the summer, most multifamily markets showed significant improvements compared to a year ago. At that point, rent growth was still deteriorating and supply had yet to peak in many markets. While effective rent growth is far from robust in most places, it's positive in most places. While effective rents were still below last year's level in several markets at the end of May, the year-over-year declines were typically much milder. At a national level, effective rents were ...
The Radix Review: Multifamily Trends Explained
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 in September on a seasonally adjusted basis, more than double what many economists expected, but there was a downward revision of 33,000 jobs combined for July and August. The unemployment rate was 4.4% in September. It remained low by historical standards, bu...
