Sunday, April 28, 2024

Apartment watch

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

jobs market

Multifamily jobs markets mixed again in June

The latest Employment Situation Report from the Bureau of Labor Statistics shows that jobs categories of interest to builders and operators of multifamily housing had a mixed performance in June. Total employment growth up for...

Rents jump in March

The latest rent report from Apartment List shows positive rent growth for the country as-a-whole and for 48 of the top 50 metro areas. Rents rebound strongly in March Apartment List reported that the national average...
rent growth

Rents continue upturn in February

The latest rent reports from Yardi Matrix and Apartment List show positive rent growth for the country as-a-whole in February. Rents rise in February Yardi Matrix reported that the national average apartment rent rose 0.2 percent...

Banks increase share of multifamily mortgage debt in Q2

A Mortgage Bankers Association (MBA) report on commercial and multifamily mortgage debt shows that the GSEs continued to be the largest source of net new multifamily mortgage funds in Q2. However, for the first...

Rent delinquencies up slightly in September surveys

The “week 37” release of the Census Bureau’s Pulse Survey shows that the portion of renters who are behind on their rent payments is up slightly since we last reported on this survey, rising...
residential housing construction

Residential construction spending higher in April

The Census Bureau’s report on construction spending shows that residential construction  spending in April was up 0.9 percent from the revised level of the month before. Residential construction spending was up 18.4 percent year-over-year. Single-family...
jobs growth

Jobs market growth resumes in March

The latest Employment Situation Report from the Bureau of Labor Statistics shows that employment growth resumed in jobs categories of interest to builders and operators of multifamily housing in March. Total employment rises The BLS reported...

Modest gains seen for senior housing

A pair of reports, one from CBRE and one from NIC Map Vision, show that the senior housing market has made modest improvements as it recovers from the sharp downturn in occupancy it experienced...
rent payment

Rent Tracker finds lower rent payment rate in early July

NMHC reported that 76.5 percent of renters had made at least a partial rent payment for the month of July by the 6th of the month. The Rent Payment Tracker also found that 95.6...

Jobs market growth stalls

The Employment Situation Report for February from the Bureau of Labor Statistics (BLS) shows little change in employment in jobs categories of interest to builders and operators of multifamily housing. Total employment The BLS reported that...

Slow jobs recovery continues in August

The Bureau of Labor Statistics (BLS) recently released its Job Openings and Labor Turnover (JOLT) report for August. It shows slightly stronger jobs growth than in July, but not as strong as in May...
quit job

Job openings and quits set records in March

The Job Openings and Labor Turnover (JOLT) report from the Bureau of Labor Statistics (BLS) said that the number of job openings hit a new record high at the end of March. Hiring was...
job openings

Job openings down slightly in May

The Job Openings and Labor Turnover (JOLT) report from the Bureau of Labor Statistics (BLS) said that the number of job openings declined in May from last month’s level, but they remained at a...
apartment construction

Multifamily housing construction activity slows

The Census Bureau’s new residential construction report for September showed lower multifamily housing construction activity than in recent months. Multifamily housing permits issuance declines The number of permits issued for buildings with 5 or more units...

Multifamily property prices rise at record rate

The latest CoStar report on the changes in the prices of commercial property in the United States said that the quarterly index of multifamily property prices rose 15.6 percent over the last 12 months....
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