Apartment Watch

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

rental vacancy rate

Census reports on rental vacancy rates

The Census Bureau released its quarterly report on home ownership and occupancy. It showed that the rental housing vacancy rate fell from 6.9 percent...

New NMHC survey shows property owners remain focused on supporting renters

A new National Multifamily Housing Council (NMHC) survey of apartment owners and managers shows that 100 percent of multifamily firms surveyed worked with residents...

NAA seeks monetary damages from unlawful eviction moratorium

The National Apartment Association (NAA) filed a lawsuit in the U.S. Court of Federal Claims to recover damages on behalf of rental housing providers...
apartment prices

RCA: Multifamily property prices up

A report from Real Capital Analytics (RCA) said that multifamily property prices rose 12 percent in the year to June, topping the rates of...
California housing affordability

California spends big on housing

Governor Newsom of California recently signed AB 140 into law. This bill is a trailer to the 2021-21 California State Budget and funds ambitious...
fannie mae forecast

Fannie Mae lowers near-term GDP growth forecast

Fannie Mae’s July economic and housing forecast projects a flattening of the GDP growth curve in 2021, with lower growth in Q2 but higher...

July apartment market conditions showed improvement across all metrics

Apartment market conditions showed continued improvement in the National Multifamily Housing Council’s Quarterly Survey of Apartment Market Conditions for July 2021. For the first...
apartment construction site

Multifamily housing construction strong in June

The Census Bureau released its monthly new residential construction report for June 2021. It reported that some multifamily housing construction results were down from...
phoenix rent growth leader

Surging rent growth reported for June

The latest rent report from Yardi Matrix shows accelerating rent growth for the country as-a-whole in June, with SFR rents outpacing those of multifamily. Rents...

Builder confidence edges lower as material challenges persist

Strong buyer demand helped to offset supply-side challenges relating to building materials, regulation and labor as builder confidence in the market for newly built single-family homes...

Student housing demand will remain strong, but will be more diverse and focused on...

Student housing has historically experienced recession-proof demand as measured by enrollment in public four-year universities. NMHC’s Research Foundation has released two new reports exploring...
lumber prices

Construction materials prices rises spread

The Bureau of Labor Statistics (BLS) released its producer price index report for June 2021. It showed that construction materials prices were up 3.2...

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