Gray Report Video: Another 0.75% Fed Rate Hike. What Happens Next?

The Federal Reserve has raised interest rates by another 75 basis points even as the economy and the housing market in particular have not fully absorbed the rate accumulating rate hikes from earlier this year in 2022. Reports published this week show lower sentiment in the multifamily market alongside slightly stronger seasonal rent trends, but other recent reports serve as a reminder of the resilience of the apartment market amidst an increasingly uncertain economy.