Weekly Market Observations — January 31, 2024

Here’s Our Weekly Market Observations :

Inflation slows with December's Core PCE coming in at 2.9% YOY

Pending home sales in the South & West regions increased over 11% MOM in December

Three Ohio multifamily markets lead the nation in rent growth: Cincinnati, Columbus, and Cleveland

Average 30-year fixed mortgage rates up slightly to 6.69%