Apartment prices in Austin have come down, experts say

Apartment prices in the Austin area have come down significantly in the last year, and there are plenty of bargains to be had. Experts say it’s a renter’s market, meaning if your landlord is trying to raise your rent, you can likely negotiate it down.

Inflation unexpectedly fell to 3% in June

The consumer price index (CPI), a broad measure of how much everyday goods like gasoline, groceries and rent cost, dropped 0.1% in June from the previous month. It marked the first monthly decline since May 2020.

U.S. unemployment rate rises to 4.1% with 206,000 jobs added in June

U.S. employers added 206,000 jobs in June, exceeding expectations, with the unemployment rate rising to 4.1%, while April and May job data was revised down, average hourly earnings increased by 3.9%, and hiring was strong in government, social assistance, and health care, influencing potential Federal Reserve rate cuts.