Holiday Shopping Impacts Apartment Market
Forbes | December 07, 2016
Retail sales during the weekend from Black Friday through Cyber Monday reached record proportions this year, which is positive news for the apartment market.
While there is not a direct correlation between Thanksgiving weekend sales and apartment market performance, the 21% increase in Black Friday sales from last year and the 12% increase in Cyber Monday transactions put a spotlight on economic trends that do affect the real-estate universe.