Freddie looks ahead to 2022
Freddie Mac has released its 2022 Multifamily Outlook report. It predicts that 2022 will be another strong year for multifamily rental housing, both from an operational perspective and as an investment.
Where we came from
After...
IRR assesses the state of the CRE market
Intergra Realty Resources (IRR) released its Viewpoint 2022 report on the CRE market. The report states that the economy has strong momentum going into 2022, but that the markets may not be adequately pricing...
Construction materials prices continue their advance
The Bureau of Labor Statistics (BLS) released its producer price index report for December 2021. It showed that construction materials prices were up 1.5 percent in the month, seasonally adjusted. The index was 22.0...
Seasonality returns to rent growth
The latest rent report from Apartment List shows that the national average rent fell slightly in December, the only month-over-month rent decline in 2021. Nationally, rents fell 0.2 percent for the month while they...
Builder confidence edges lower on inflation concerns
Growing inflation concerns and ongoing supply chain disruptions snapped a four-month rise in builder sentiment even as consumer demand remains robust. Builder confidence in the market for newly built single-family homes moved one point lower to 83...
Student housing regains its shine
Yardi Matrix released their latest quarterly report covering the purpose-built student housing market. It shows that preleasing performance for fall 2021 and early preleasing for 2022 are running ahead of their paces in the...
Multifamily jobs decline in December
The latest Employment Situation Report from the Bureau of Labor Statistics stated that the numbers of both residential construction jobs and apartment operations jobs were down in December.
Total employment growth disappoints
The BLS reported that...
Planning the future of New York housing
New York Governor Kathy Hochul’s State of the State report for 2020 identifies a number of goals and proposes several programs to improve access to housing in the state.
The overarching goals defined in the...
CBRE gives 2022 multifamily outlook
CBRE recently released its 2022 U.S. Real Estate Market Outlook report. It forecasts that 2022 will be a very good year for the multifamily housing business.
Economy on path to normal
CBRE expects that the post-pandemic...
Multifamily housing construction activity higher in November
The Census Bureau’s new residential construction report for November showed higher multifamily housing construction activity than in recent months in all three measures that we track.
Multifamily housing permits edge higher
The number of permits issued...
Construction materials prices move higher
The Bureau of Labor Statistics (BLS) released its producer price index report for November 2021. It showed that construction components and materials prices were up 1.6 percent in the month, seasonally adjusted. The index...
Commercial property prices hit new high
New reports from CoStar and from Real Capital Analytics (RCA) state that commercial real estate prices reached an all-time high in November, with multifamily property prices showing strong year-over-year gains.
Indexes defined
The CoStar report focuses...
Remodeler sentiment continues to improve year-over-year
The National Association of Home Builders (NAHB) released its NAHB/Royal Building Products Remodeling Market Index (RMI) for the fourth quarter, posting a reading of 83, up four points from the fourth quarter of 2020. The finding is...
Multifamily property prices continue record rise
A new report from Real Capital Analytics (RCA) said that multifamily property prices rose 23.6 percent year-over-year In December. This is the fourth month in a row where the annual increase in the apartment...
FHA expands real-estate owned property purchase opportunities for owner-occupant buyers
The Federal Housing Administration (FHA) on Thursday announced it is increasing its exclusive listing period on certain HUD single-family real-estate owned (REO) homes to allow more time for owner occupants, HUD-approved nonprofit organizations, and...
