Thursday, July 3, 2025

Apartment Watch

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

California CEQA reform removes barriers to housing development

The state of California is finally addressing one of the biggest barriers to housing development through much-anticipated CEQA reform. The misuse of...
multifamily employment gain and residential construction employment gain

Rise in multifamily employment outpaces national gains

The Employment Situation Report from the Bureau of Labor Statistics (BLS) stated employment grew in June, but many of the jobs added were in...
job openings rise in May

Job openings rise in May but not for multifamily

The Job Openings and Labor Turnover (JOLT) report from the Bureau of Labor Statistics (BLS) said that the number of total non-farm job openings...
new multifamily buildings

Multifamily construction spending edges higher

The Census Bureau’s report on construction spending stated that the value of multifamily residential construction put in place in May rose slightly from the...
positive, but small, rent growth in June

Rents rise in June, but slowly

The latest rent report from Apartment List shows that the national median monthly rent growth in June was 0.19 percent. Rents have now risen...
commercial property prices move lower despite rise in multifamily property prices

CoStar: multifamily property prices higher in May

CoStar reported that its value-weighted index of multifamily property prices rose 0.51 percent month-over-month in May, a reversal from last month’s reported decline. This...
multifamily CMBS delinquency rate falls

Multifamily CMBS delinquency rate lower again in June

Trepp reported that the delinquency rate for multifamily commercial mortgage-backed securities (CMBS) decreased again in June. The overall CMBS delinquency rate rose slightly, gaining...
office-to-residential conversions seen as a solution to excess office space

Office oversupply and housing undersupply: Double bull’s eye

After years of empty office space casting a shadow across American cities, developers seem poised to reshape urban landscapes. For the first time in...
multifamily property prices fall

MSCI: Multifamily property prices continue to fall

The latest commercial property price report from MSCI Real Capital Analytics said that multifamily property prices were down 0.4 percent month-over-month in May compared...

Affordable housing faces tight supply, tight margins

The summer 2025 edition of Yardi Matrix's Affordable Housing podcast and its companion report, Affordable Property Debt: Slow Burn as Market Evolves,...
JCHS report discusses rental housing affordability

JCHS releases annual report on housing

The report, titled The State of the Nation’s Housing 2025, from the Joint Center for Housing Studies (JCHS) of Harvard University seeks to present...
multifamily sector shows resilience in the face of high supply and high interest rates

Yardi Matrix sees resilience amid uncertainty for multifamily

Yardi Matrix recently released its Multifamily National Report for Summer 2025. It provides a look at the prospects for the U.S. multifamily housing sector...

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