October job additions consistent month over month. Employers hired 638,000 personnel last month, modestly below the 672,000 positions created in September. This more consistent level of job creation reflects the benefits of continued economic reopenings, although the recent rise in the number of coronavirus cases presents fresh concerns.
Read MoreHealth crisis amplifies existing trend among Generation Z and millennials. The impact of the pandemic on young adults is weakening short-term household formation and apartment demand.
Read MoreU.S. records strongest quarterly gain on record. Reopening local economies pushed GDP growth to 33.1 percent in the summer quarter. Although the gain was on the high end of expectations, the overall economy remains 3.5 percent below the level at the end of last year.
Read MoreLabor Market Conditions Uneven Across the United States; Dynamic Could Shift as the Health Crisis Accelerates in New Areas
Read MoreEconomic policy and real estate investment implications of the 2020 presidential election overshadowed by the continuing health crisis.
Read MoreCurrently, operators are able to lift rent to the market rate during a vacancy. Under the new law, rents will be controlled…
Read MoreEmployers added 661,000 personnel to payrolls in September, restoring 11.4 million of the 22.2 million positions lost in March and April. Despite these gains, last month’s total of under 1 million new roles continued the recent trend of slowing growth.
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