Tuesday, May 14, 2024

Apartment watch

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

the house that she built

Building the future

Inspiring the next generation to continue the work of supplying the nation with housing is central to the long term health of the home building industry. One step that the National Association of Home...
residential construction spending

Residential construction spending down in July

The Census Bureau’s report on construction spending shows that the value of residential construction put in place in July was down 1.5 percent from the revised (+1.2 percent) level of the month before. Residential...

Multifamily jobs markets soften in July

The latest Employment Situation Report from the Bureau of Labor Statistics shows that 3 out of the 4 jobs categories we track that are of interest to builders and operators of multifamily housing had...

Pricing disconnect weighs on CRE investment activity

A new CBRE survey finds a wide disconnect on pricing expectations between buyers and sellers as a consequence of the COVID-19 pandemic that is weighing on commercial real estate investment activity. The CBRE survey found...
economic growth

Fannie Mae sees slower economic growth ahead

Fannie Mae’s July economic and housing forecasts predict negative GDP growth in Q2 2022 and a recession in early 2023. The slowdown in economic growth is also expected to be felt in housing construction...

RealPage presents 2021 market outlook

RealPage recently presented a webinar forecasting the likely trends for the multifamily housing market over the next two years. Presenters were Greg Willett, Chief Economist, and Adam Couch, Market Analyst. The webinar spent significant time...
evaluating multifamily property prices

MSCI: Multifamily property prices continue slide

The latest commercial property price report from MSCI Real Capital Analytics said that multifamily property prices in November were down 0.7 percent from their level of the month before and down 12.1 percent from...
student housing dorm room

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...
rent growth

Yardi Matrix reports rents are still rising

The latest rent report from Yardi Matrix shows that rents are continuing to rise even during the time of year when they are usually moderating. However, the pace of rent increases in November was...
multifamily construction permits

Multifamily housing construction pipeline grows

The Census Bureau’s new residential construction report for August reported a surge in multifamily housing construction permits and starts, although completions continued to lag. Multifamily housing construction permits hit multi-year high The number of permits issued...

Rapid rent growth continues in August

The latest rent report from Apartment List shows strongly positive rent growth for the country as-a-whole. Rents were up month-over-month and year-over-year in all of the 50 largest metro areas. Rent increases continue Apartment List reported...

Rent delinquencies up slightly in latest Pulse Survey

The “Week 42” edition of the Census Bureau’s Pulse Survey has been released. It shows that the portion of renters with rent delinquencies moved slightly higher since we last reported on this survey. What is...
apartment price growth

Multifamily property prices continue sharp rise in January

A new report from Real Capital Analytics (RCA) said that multifamily property prices rose 22.5 percent year-over-year in January and that they rose 1.9 percent from the month before. Defining CPPI Real Capital Analytics tracks an...

HUD awards $2.7 billion to improve and preserve public housing

The U.S. Department of Housing and Urban Development (HUD) awarded more than $2.7 billion to public housing authorities (PHA) in all 50 states, as well as the District of Columbia, Guam, Puerto Rico and...

Rent delinquencies fall in latest Pulse Survey

The “Week 44” edition of the Census Bureau’s Pulse Survey has been released. It shows that the portion of renters who are behind on their rent payments dropped slightly since we last reported on...
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