Rents Falling Faster than "Seasonality Alone"

Construction Spending Decreased 0.3% in October

ISM® Manufacturing index Declined to 49.0% in November

Personal Income increased 0.7% in October; Spending increased 0.8%

Weekly Initial Unemployment Claims decrease to 225,000

Thursday: Personal Income & Outlays, Unemployment Claims, ISM Mfg, Construction Spending, Vehicle Sales

Fed’s Beige Book: "Apartment leasing started to slow"

Fed Chair Powell: "The time for moderating the pace of rate increases may come as soon as the December meeting"

Inflation Adjusted House Prices 3.3% Below Peak

NAR: Pending Home Sales Decreased 4.6% in October, Year-over-year Down 37%