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Weekly Market Observations - October 17, 2023
![Contain 800x800](https://bpimg.biggerpockets.com/no_overlay/uploads/uploaded_images/1697562129-weekly-market-observation-101723.png?twic=v1/output=image/quality=55/contain=800x800)
Here’s Our Weekly Market Observations :
Northeast apartment rents lead in rent growth, up 3.1% YOY
Home sales on tract for over 20 year low
Trial starts for the first NAR commission lawsuit
Mortgage rates nearly 3 times higher than 2021
Average 30-year fixed mortgage rates up slightly to 7.57%
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