Trump administration announces continued decline in veteran homelessness
During a press conference at Harbor Homes in Manchester, New Hampshire, U.S. Housing and Urban Development (HUD) Secretary Ben Carson announced veteran homelessness in the U.S. continues to decline according to a new national...
Multifamily housing construction recovering
The Census Bureau released its monthly new residential construction report for June 2020. It shows signs of life in multifamily housing construction.
Permits decline
The number of permits issued for buildings with 5 or more units...
Rent growth barely positive in August
Yardi Matrix released its August 2020 report on the multifamily rental housing market. The report shows that rent growth was positive for the second month in a row and that secondary markets are doing...
October apartment market conditions showed some rebound from COVID-19 impacts
Apartment market conditions moderated in the National Multifamily Housing Council’s Quarterly Survey of Apartment Market Conditions for October 2020, as the industry continues to cope with the ongoing COVID-19 pandemic. While the Sales Volume...
January apartment market conditions show mixed results
Apartment market conditions showed mixed results in the National Multifamily Housing Council’s Quarterly Survey of Apartment Market Conditions for January 2021, as the industry continues to grapple with the ongoing COVID-19 pandemic. While the...
Declining affordability conditions put a damper on new home sales
Worsening affordability conditions stemming from growing supply chain disruptions and rising mortgage rates pushed new home sales lower in March.
Sales of newly built, single-family homes in March fell 8.6 percent to a 763,000 seasonally...
Multifamily housing construction completions rebound
The Census Bureau’s new residential construction report for September was the reverse of last month’s report with multifamily housing construction permits and completions rising. Starts fell after moving sharply higher last month, but starts...
HUD and Census Bureau report residential construction activity in March 2018
The U.S. Department of Housing and Urban Development (HUD) and the U.S. Census Bureau jointly announced the following new residential construction statistics for March 2018.
Building Permits: Privately owned housing units authorized by building permits...
Barriers worsen housing affordability
The National Apartment Association (NAA) released its study “U.S. Barriers to Apartment Construction Index” which examines factors which make construction more difficult in 29 United States metros. Albuquerque was the city with the fewest...
National Multifamily Housing Council issues Data Privacy and Protection White Paper
The National Multifamily Housing Council released a new white paper that examines the state of play in the rapidly evolving data protection and privacy regulatory landscape. It identifies 14 specific steps firms should take...
Rents recover (somewhat) in July
Yardi Matrix released its July 2020 report on the multifamily housing market. The report shows some recovery in rents for the multifamily rental housing market nationally, but wide variations between metro areas exist.
The rent...
Mixed reports on multifamily property prices in February
Recent reports from CoStar and from Real Capital Analytics (RCA) paint different pictures of short-term movements for multifamily property prices in February.
Defining the indices
The CoStar report focuses on a relative measure of property values...
Federal Housing Administration removes temporary COVID-19 underwriting mitigants for multifamily transactions
The Federal Housing Administration (FHA) announced at the Mortgage Bankers Association Commercial/Multifamily Finance Convention & Expo that it is removing temporary COVID-19 underwriting mitigants for multifamily transactions insured under Section 223(f) of the National...
Multifamily jobs on the rise in December
The Job Openings and Labor Turnover (JOLT) report from the Bureau of Labor Statistics (BLS) said that the number of job openings in December was 9.03 million. This was reported to be up 101,000...
Ginnie Mae MBS Outstanding increases to $2.033 trillion
Ginnie Mae today announced that issuance of its mortgage-backed securities (MBS) totaled $33.668 billion in November.
A breakdown of November issuance includes $32.192 billion of Ginnie Mae II MBS and $1.476 billion of Ginnie Mae...
