March Madness has taken hold of the financial markets as U.S. employers added 311,000 jobs in February, another stronger-than-expected showing for the labor market. However, the four biggest U.S. banks lost $52 billion of market value on Thursday, contributing to a broad rout across financial stocks. Job Creation Surpasses Expectations Despite concerns over the pandemic…
The U.S. rental market is showing signs of cooling off, with a decline in the growth rate of apartment rents and an increase in rental discounts in select metro areas. This trend could help make housing more affordable for renters and ease the rise in overall inflation. However, the rental market is not operating in…
The US housing market has been a leading indicator of the economy for years. Recent data suggests a decline in demand, which may signal economic trouble ahead. Rising inequality and a lack of affordable housing are also pressing issues. While the single-family rental industry may have emerged from the 2008 financial crisis, lawmakers are now…