Apartment Watch

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

construction materials lumber prices

Construction materials prices higher again in April

The Bureau of Labor Statistics (BLS) released its producer price index report for April 2021. It showed that construction materials prices were up 2.1...

Multifamily mortgage originations down year-over-year in Q1

A report from the Mortgage Bankers’ Association (MBA) says that originations of multifamily mortgages were down in Q1 compared to the same quarter in...

Job openings up in March

The Bureau of Labor Statistics (BLS) recently released the Job Openings and Labor Turnover (JOLT) report for March. It shows that the labor market...

Rents jump in April

The latest rent reports from Yardi Matrix and Apartment List show strongly positive rent growth for the country as-a-whole in April. Rents up strongly Yardi Matrix...

Jobs market growth disappoints in April

The latest Employment Situation Report from the Bureau of Labor Statistics shows that jobs categories of interest to builders and operators of multifamily housing...
California State Governor Gavin Newsom

Gov. Newsom announces plan to pay rental housing providers 100 percent of rent owed

Gov. Newsom announced his intent to pay rental housing providers 100 percent of rent that’s gone unpaid because of COVID-19. “This is certainly welcome news,...

Rent Payment Tracker: Payment rates remain the same as last month

The National Multifamily Housing Council (NMHC)’s Rent Payment Tracker found 80.0 percent of apartment households made a full or partial rent payment by May...

Residential construction spending mixed in March

The Census Bureau’s report on construction spending shows that the value of residential construction put in place in March was up 1.7 percent from...

CDC eviction ban struck down nationwide

On May 5, federal judge Dabney Friedrich ruled in the case of Alabama Association of Realtors v. U.S. Department of Health and Human Services...

CBRE sees positives for multifamily housing market

CBRE recently released its report on the state of the multifamily housing market in Q1 2021. It found that the market stabilized after a...

Multifamily property prices see gains in Q1

Recent reports from CoStar and from Real Capital Analytics (RCA) show that multifamily property prices rose in the year to March. Defining the indices The CoStar...

NMHC and NAA statement on President Biden’s address to Congress

Statement from the National Multifamily Housing Council (NMHC) and the National Apartment Association (NAA) on President Biden’s address to the joint session of Congress. NMHC...

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