![](https://biggerpockets.s3.amazonaws.com/assets/member-blog-image.jpg)
![](https://biggerpockets.s3.amazonaws.com/assets/logo@3x.png)
Weekly Market Observations - August 9, 2023
![Contain 800x800](https://bpimg.biggerpockets.com/no_overlay/uploads/uploaded_images/1691588194-weekly-market-observation-080923.png?twic=v1/output=image/quality=55/contain=800x800)
Here’s Our Weekly Market Observations :
July jobs report lower than expected with 187k jobs added
Fitch downgrades US credit rating
Texas takes two of the top 3 markets for most jobs created YOY
Multifamily permits and starts down MOM and YOY
Average 30-year fixed mortgage rates up slightly to 6.90%
Comments