Single-family market share continues to shift from large population centers
While nationwide single-family housing starts have slowed in the past year, the largest drop on a percentage basis is occurring in the most dense counties, where housing costs are highest. Meanwhile, multifamily growth was...
Recovery in senior housing continues in Q3
An NIC Map Vision summary of the fundamentals of the senior housing industry reports that they are continuing to improve as the recovery from the pandemic continues.
Segmenting the market
The senior housing market is highly...
Rents and transactions continue to fall
Apartment market conditions weakened in the National Multifamily Housing Council’s (NMHC) Quarterly Survey of Apartment Market Conditions for January 2023, as the Market Tightness (14), Sales Volume (10), Equity Financing (20), and Debt Financing...
Fannie Mae provides assistance to help renters impacted by COVID-19 stay in their apartments
Fannie Mae wants to help ensure families who are renting in multifamily properties are able to remain in their apartments during these unprecedented times. In coordination with the Federal Housing Finance Agency (FHFA), Fannie...
Multifamily property values continue to rise in August
A pair of recent reports, one from CoStar and another from Real Capital Analytics (RCA), show that multifamily property continues to see price increases despite the pandemic.
Defining the indices
The CoStar report focuses on a...
Real estate industry strongly opposes the CDC imposing a new federal eviction moratorium
A broad real estate coalition strongly opposes the Centers for Disease Control (CDC) decision to reimpose a federal eviction moratorium. This move takes place despite the fact that the Administration itself noted it lacks...
Survey shows significant delays in apartment construction
The percent of apartment developers reporting construction delays remained essentially the same in the second iteration of the National Multifamily Housing Council’s (NMHC) Construction Survey—56 percent compared to 55 percent in the April 3...
Fewer parking space requirements, lower rents
New research suggests reductions in parking space requirements for apartment projects can lower development costs and rents and lessen environmental impacts.
Parking regulations are a central zoning component of apartment development in the U.S. But,...
Construction employment higher in January
The Employment Situation Report from the Bureau of Labor Statistics stated that both residential construction employment and apartment operations employment edged higher in the latest month.
Note that this report incorporates revisions to population estimates...
Rents fall in September
The latest rent report from Apartment List shows that the national average rent growth turned negative in September. Rents fell 0.2 percent month-over-month but still rose 7.5 percent year-over-year. The month-over-month decline was only...
HUD awards $144 million to revitalize five neighborhoods
U.S. Housing and Urban Development (HUD) Secretary Ben Carson today announced five communities across the country will receive a combined $144 million to redevelop severely distressed public or assisted housing and to revitalize surrounding...
Why housing demand will likely stay high for years to come
Low rates of household formation since the Great Recession have caused 5.7 million "missing" households, a new Zillow analysis finds. These missing households represent people who historically would have moved into their own home but...
FHA releases 2019 annual report to Congress
The Federal Housing Administration (FHA) released its 2019 Annual Report to Congress on the economic condition of the agency’s Mutual Mortgage Insurance Fund (MMI Fund). FHA reports that at the end of Fiscal Year...
What drives rent growth?
A new report from Yardi Matrix seeks to answer this question and to examine how the factors driving rent growth have changed since the onset of the COVID pandemic.
Identifying the factors
The report looked at...
Surging rent growth reported for June
The latest rent report from Yardi Matrix shows accelerating rent growth for the country as-a-whole in June, with SFR rents outpacing those of multifamily.
Rents up sharply again
Yardi Matrix reported that the national average apartment...
