Weekly Market Observations - June 15,2023

Here’s Our Weekly Market Observations :

Low housing inventory keep home prices stable despite higher mortgage rates

Unemployment rises to 3.7% in May due to a sharp loss of self-employment jobs

Student housing rent growth exceeds double digits in over 30 campuses

eXp Realty’s parent company eXp World Holdings stock soars after being upgraded to S&P SmallCap 600

Average 30-year fixed mortgage rates down slightly to 6.71%