Weekly Market Observations - January 17, 2022

Here's Our Weekly Market Observations :

Inflation drops in December with CPI coming in at 6.5% YOY

Anywhere Real Estate continues layoffs and cuts iBuyer program

Three markets with over 100% YOY multifamily permit growth include Atlanta, Tampa, and Indianapolis

Net demand for apartments turned negative for the first time since 2009

Average 30yr fixed mortgage rates up slightly to 6.33%