Tuesday, May 20, 2025

Apartment Watch

Things to watch, what to know, in your apartment operation

commercial mortgage lending

Multifamily mortgage originations up sharply in Q1

A report from the Mortgage Bankers’ Association (MBA) says that multifamily mortgage originations were up 39 percent year-over-year in Q1. Originations of all commercial...
Multifamily construction

Multifamily construction activity falls in April

The Census Bureau’s report on new residential construction stated that multifamily permits declined again after last month’s bump. Multifamily starts rose for the third...

Markets that reached supply summits earlier and at more modest levels are now seeing...

In evaluating rent performance among major apartment markets, two key factors emerge: the timing of peak supply and the scale of new...
copper wire leads construction materials prices higher

Construction materials prices rise moderately despite copper wire price jump

The producer price index (PPI) report from the Bureau of Labor Statistics (BLS) stated that construction materials prices rose 0.3 percent month-over-month in April...
Banks lead CRE investment volume

CBRE reports CRE investment up 14 percent in Q1

A recent report from CBRE says that both commercial mortgage investment volume and momentum rose in Q1. Volume grew to $88 billion, while momentum...
Cincinnati leads in year-over-year rent growth

Redfin: April rents up for month but down for year

Redfin’s rent report for April says that the national median asking apartment rent rose 0.9 percent for the month to reach a level of...

Update: Rent control advances in Washington, stalls in California

Update May 12, 2025: Governor Bob Ferguson (D) has signed the Washington state rent control bill. Its provisions take effect immediately. The St Paul city...
mixed report on builder confidence

Multifamily builder confidence slightly lower in Q1

The National Association of Home Builders (NAHB) quarterly survey of multifamily builders showed a slight decline in confidence in the market for new multifamily...

President Trump reveals commitment to decentralizing housing aid

President Donald Trump is demonstrating his commitment to decentralizing housing aid. On May 2, 2025, he released his Fiscal Year 2026 "skinny...

MRF’s rising

In the 2010’s, if you attended an industry conference, you saw the latest amenity for residents on the expo floor: package lockers. These magnificent...
NYC leads in rent growth again

Lifestyle property rent growth underperforms in April

Yardi Matrix reported that the national average asking apartment rent was up $5 in March compared to the revised level of the month before...

Multifamily starts forecast higher despite worse projections for the economy

Revisions to Fannie Mae’s housing forecast in April call for more multifamily starts across the entire forecast horizon than in last month’s forecast. Fannie...

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