Austin was the big winner, growing its workforce by 22.3%

Southern states gained the lion's share of the new additions

Builders continue to take financial hits to try to lure buyers

New York's apartment pipeline is one of the fullest in the nation with 20,000 units under construction

The decline follows two previous quarters when the index rose

Housing inventory is expected to rise by around 30% as more sellers begin to list

Rent growth in low rent suburbs has outperformed higher rent suburbs (and urban core) counterparts

There is underlying structural demand for office space along the quality and pricing spectrum.