“The combination of higher prices and higher mortgage rates continue to negatively impact home sales. Although the job market is still extremely strong, emerging signs of economic weakness have also added to the overall uncertainty for potential homebuyers.” --Joel Kan, Associate Vice President of Economic and Industry Forecasting with the Mortgage Bankers Association.

CBRE, Dallas, reported the multifamily sector saw strong momentum in early 2022, with robust demographic trends underpinning record leasing activity, rent growth and investment.