Weekly Market Observations - June 7, 2023
Here’s Our Weekly Market Observations :
May jobs report exceeds expectations with 339k non-farm jobs added
Home prices increase for the second consecutive month, up 1.3% in March
Sunbelt Class A apartment rents outperform national growth average by nearly 20% with YOY growth at 3.9%
JP Morgan predicts market liquidity to fall by $1.1 trillion
Average 30-year fixed mortgage rates jumped up again to 6.79%
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