Falling CPI Inflation: Apartment Market Impacts

The latest numbers from the Consumer Price Index showed lower-than-expected inflation, but uncertainty (or pessimism) regarding the Federal Reserve’s interest rate path has dampened some of the enthusiasm about the inflation news. This uncertainty is keenly felt in the still-stagnant apartment sales market, but when it comes to apartment demand, solid positive rent growth trends are a clear highlight amidst the anxious unknowns elsewhere in the multifamily market and the economy as a whole.