Apartment Watch
Things to watch, what to know, in your apartment operation
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...
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 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 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...
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...
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...
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...
