A Quarterly Review of Key Financial Pulse on the

3rd Quarter 2022 Update

Primarily 100 unit + properties; “concession percentage” is the percentage of units offering concessions.

US Bureau of Labor Statistics; uses private sector wages, last month of quarter; not seasonally adjusted

U.S. Bureau of Labor Statistics; % change using last month of quarter versus same month one year previous

U.S. Bureau of Labor Statistics; reflects last month of quarter

Pulse on the Marketplace is produced and edited exclusively for Apartment News by Nick Lieberman, President, Bona Fide Mortgage and AAOC Board Member. For questions or comments: (949) 651-0999, or nlieberman@cox.net

* For CPI, “Orange County” includes Orange, Los Angeles, and Riverside Counties.

** For Apartment Building Permits, Average Monthy Employee Wages and Unemployment Rate, “Orange County” includes the Los Angeles–Long Beach–Anaheim, CA Metropolitan Statistical Area.