The Fed hiked its key interest rate by 25 bps to 5.5%The Fed expresses doubt that inflation will continue to decrease towards its 2% target without implementing another rate hike....
July 27, 2023
The number of build-for-rent homes under construction has reached an all-time high of 44,700. That is ↑ 3X the number of homes completed in 2022. In 2022, over 14,500 BFR homes were completed, ↑ 47% yearly and the highest yearly total to date. Prior to 2020, the avg number of BFR homes built annually was only 6K....