RealPage Deputy Chief Economist and Director of Forecasting Arben Skivjani makes the vast and complicated world of the U.S. economy more accessible and understandable in our RealPage Economy Express series. In these short, bi-weekly videos, RealPage breaks down the most important economic indicators to cover everything from GDP and employment to the Consumer Price Index and consumer sentiment.
Catch these bite-sized videos to better understand how various elements of the economy impact the multifamily world and our RealPage forecast – and all in episodes under five minutes. Whether you’re a real estate investor, developer, analyst or simply interested in the multifamily industry, RealPage Economy Express is the video series for you.
Episode 1: What do current economic reports say?
- Only 4.4 million existing U.S. homes sold in March, as mortgage rates continue to increase.
• Consumers don’t have much confidence in the U.S. economy right now.
• Real GDP grew by 1.1% in 1st quarter.
• A mild recession could be coming later in the year.
For more information on the state of the U.S. Economy, including forecasts, watch all the episodes of the Economy Express series.