Interest Rates

Higher Interest Rates Driving Demand for Multifamily Housing

After a short pause in rate hikes, the Federal Reserve once again raised interest rates by 0.25% at their July meeting. This makes 11 increases in the last 12 meetings. Increasing interest rates slows economic growth, reducing inflation. It also raises the cost of debt. Unfortunately, the speed and volume

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How Rising Mortgage Rates Affect Demand for Apartment Housing

Housing markets operate in microcosms. Trends in one state or region often do not mirror the country as a whole. For instance, what happens in New York or San Francisco may not reflect markets in Saint Louis or Dallas. Generally, urban centers have different supply and demand challenges than rural

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