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Posted about 2 years ago

Weekly Market Observations - August 9, 2023

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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%



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