REIT Investors See a Softer Job Market. That Could Hurt Rental Prices.

1. Residential REITs, including AVB, are down an average of 17% this year. 2. Weak job market and lowering job growth impact multifamily demand significantly. 3. A quarter of housing survey respondents fear job loss over the next year. 4. Fannie Mae reports increased economic uncertainty affecting apartment demand. 5. AvalonBay missed earnings estimates, signaling reduced growth expectations.