Some Big U.S. Cities See Apartment Rents Fall for First Time in Years

By Laura Kusisto

Oct 4 (WSJ) — Rents in San Francisco declined 3%, while they fell about 1% in New York and edged lower in Houston and San Jose, Calif., the first drops in those markets since 2010, according to apartment tracker MPF Research. Across the U.S., rent growth was 4.1% on average. According to a report by Axiometrics Inc., growth in the U.S., slowed to 3% in the third quarter from 5.2% in the year-earlier period. The rate remains above the long-term average of about 2%, the report said. Across the country, rents have jumped 22% in urban areas since 2010, according to Axiometrics.

This where I would look to see if someone was trying to influence the election:

The ISM survey kept their forecast from going down another .2%:

Latest forecast: 2.2 percent — October 5, 2016

The GDPNow model forecast for real GDP growth (seasonally adjusted annual rate) in the third quarter of 2016 is 2.2 percent on October 5, unchanged from October 3. Following yesterday’s auto sales release from the U.S. Bureau of Economic Analysis, this morning’s M3 manufacturing report from the U.S. Census Bureau, and this morning’s Non-Manufacturing Report On Business from the Institute for Supply Management, the forecast of third-quarter real consumer spending growth increased from 2.7 percent to 2.9 percent and the forecast of third-quarter real equipment investment growth increased from –2.0 percent to 0.0 percent. The forecast of the contribution of net exports to third-quarter growth fell from 0.13 percentage points to –0.13 percentage points after this morning’s international trade release from the U.S. Census Bureau.