Apartment watch

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

Residential construction spending jumps in January

The Census Bureau’s report on residential construction spending for January shows a 2.7 percent increase from December’s level. Overall construction spending was up 0.9 percent for the month and was 3.8 percent higher than...
apartment prices rise

Multifamily property values increase in January

Recent reports from CoStar and from Real Capital Analytics (RCA) show that multifamily property values continued to rise in January. Defining the indices The CoStar report focuses on a relative measure of property values called the...
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Renters’ credit scores improve despite COVID

A new report from TransUnion paints a relatively positive picture of the financial positions of America’s renters as we head into 2021. Collecting the data TransUnion has done an analysis of renter credit activity data the...

New priced out study highlights the housing affordability crisis

A new study by the National Association of Home Builders (NAHB) puts a spotlight on the nation's housing affordability crisis and illustrates how even a relatively small increase in the price of a home can prevent hundreds...

Best in American Living awards embrace top design trends for 2021

More than 160 single-family, multifamily, interior design, remodeling and community projects were honored at the 2020 Best in American Living Awards (BALA) virtual ceremony. The awards are sponsored by Monogram Luxury Appliances, and the media partner is Professional...

Multifamily construction sentiment declines in fourth quarter

Confidence in the market for new multifamily housing declined in the fourth quarter of 2020, according to results from the Multifamily Market Survey (MMS) released by the National Association of Home Builders (NAHB). The MMS produces two...
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Student housing struggles

Yardi Matrix has released the first in a planned series of quarterly reports covering the purpose-built student housing market. The report describes an industry finding its footing after COVID. Defining the focus Just as the Yardi...

HUD awards $2.7 billion to improve, preserve nation’s public housing

The U.S. Department of Housing and Urban Development awarded more than $2.7 billion in funding to nearly 2,900 public housing authorities (PHAs) in all 50 states, as well as the District of Columbia, Guam,...

NMHC, NAA release apartment industry’s 2021 policy priorities

The National Multifamily Housing Council (NMHC) and National Apartment Association (NAA) released the apartment industry’s 2021 policy priorities. On behalf of the apartment industry and our residents, NMHC and NAA are focusing on issues that...
growth forecast

Fannie Mae forecasts higher near-term growth

Fannie Mae issued its February forecasts for the economy and for housing. They predict slightly higher growth in 2021 but slightly lower growth in 2022. GDP growth shifts Compared to the last time we checked in...

epIQ Index report on top management companies released

ApartmentRatings and SatisFacts Research have announced the list of 2020's top 100 multifamily property management companies by portfolio size and the top 250 rental communities nationwide as part of their epIQ Index Biannual Report,...

Construction materials prices higher in January

The Bureau of Labor Statistics (BLS) released its producer price index report for January 2021. It showed that the BLS price index of materials and components for construction was up 1.5 percent from December,...

Multifamily housing permits surge in January

The Census Bureau released its monthly new residential construction report for January 2021. It shows a rise in permits and starts of multifamily housing units but a drop in unit completions. Multifamily housing construction permits...

Construction headwinds pick up in January

Housing production softened in January as rising lumber prices continue to affect the housing industry. Overall housing starts decreased 6.0 percent to a seasonally adjusted annual rate of 1.58 million units, according to a report from the...

Multifamily mortgage originations rebound in Q4

A report from the Mortgage Banker’s Association (MBA) says that the multifamily mortgage market rebounded in Q4 of 2020 with originations reaching a multi-year high. Multifamily mortgage lending surges The first chart, below, shows the quarterly...
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