Only a significant rise in the September CPI would prompt the Fed to keep rates unchanged.

Long term, these markets remain fundamentally strong.

Some are expected to see deliveries fall by more than 60% over the next year.

Multifamily was the largest asset class in terms of trailing 12-month sales volume.

But its provisions may disproportionately impact rural hospitals, community health centers.

Today’s mortgage rates already reflect expectations of a Fed rate cut on September 17.

Rents fell by up to 8% in some markets during the second quarter.

Leasing velocity and active demand slackened in many markets during Q2.