Weekly Market Observations - October 11, 2023

Here’s Our Weekly Market Observations :

US jobs report came in stronger than expected with 336k new jobs added in September

Apartment rents in Northeast and Midwest markets remain positive YOY

Zillow wins case over failed REX brokerage

RE/MAX and Redfin latest end NAR membership requirement

Average 30-year fixed mortgage rates up slightly to 7.49%