Weekly Market Observations - March 28, 2023

Here’s Our Weekly Market Observations :

The buy-to-rent premium is highest in 17 years

Multifamily rent collections reach a two year high in February increasing to 96.03%

New multifamily construction rebounds in February, up over 24% from January

Florida, Maine, and South Carolina had double-digit YOY home price growth in January

Average 30yr fixed mortgage rates are down slightly to 6.42%