Weekly Market Observations — May 2, 2023
Here’s Our Weekly Market Observations :
Apartment demand turns positive in Q1
US GDP growth slows to 1.1% in Q1
National pending home sales fell 23.2% YOY and 5.2% MOM
Feds seized failing First Republic Bank and sold it to JPMorgan
Average 30yr fixed mortgage rates are up slightly to 6.43%
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