Multifamily sector shows signs of caution in the second quarter
Confidence in the market for new multifamily housing was mixed in the second quarter of 2022, according to results from the Multifamily Market Survey (MMS) released by the National Association of Home Builders (NAHB)....
Single-family production continues to sag, multifamily permits weakening
Single-family housing starts continued to fall in November, with the pace of construction down 32 percent since February when mortgage rates began to rise. The housing market continues to weaken because stubbornly high construction...
HUD and Census Bureau release new American housing survey
Renters are three times more likely to need financial assistance to evacuate during a major disaster than those who own their own homes. That’s according to the new 2017 American Housing Survey released today...
SFR rent growth rate decline continues
CoreLogic reported that their single-family rent index (SFRI) for April rose 3.7 percent from its year-earlier level. This is down from the 4.3 percent SFR rent growth reported last month. It also marks 12...
Construction spending falls on single-family decline
The Census Bureau’s report on construction spending shows that the value of residential construction put in place in June was down 1.7 percent from the revised level of the month before. Residential construction spending...
Construction materials prices higher again in April
The Bureau of Labor Statistics (BLS) released its producer price index report for April 2021. It showed that construction materials prices were up 2.1 percent in the month, seasonally adjusted. The construction materials price...
NAHB releases salary, bonus and benefit data for 39 jobs across the home building...
BuilderBooks, the publishing arm of the National Association of Home Builders (NAHB) recently released The Single-Family Builder Compensation Study, 2017 Edition. The study includes data collected on compensation and benefits for 39 common positions at single-family home building...
Residential construction spending continues to rise
The Census Bureau’s report on construction spending shows that the value of residential construction put in place in June was up 1 percent month-over-month and up 29 percent year-over-year. However, the apparent strength of...
Senior housing occupancy up in Q4
An NIC Map Vision summary of the fundamentals of the senior housing industry reports that key metrics are still well below pre-pandemic levels, but trends are positive.
Segmenting the market
The senior housing market is highly...
Rent growth flatlines in September
Yardi Matrix reported that national average apartment rent growth stalled in September with rent remaining unchanged from their August level at $1,718 per month.
YoY rent growth rate slide continues
The national average apartment rent was...
Multifamily mortgage borrowing slowdown expected
Total commercial and multifamily mortgage borrowing and lending is expected to fall to $442 billion this year, which is a 46 percent decline from 2022’s total of $816 billion. This is according to an...
Rents continue winter decline
The latest rent report from Apartment List shows that the national median monthly rent growth in November was -0.9 percent. Year-over-year rent growth was -1.1 percent.
Apartment List reported the national median apartment rent to...
No rent growth in October
A pair of reports, one from Yardi Matrix and one from Apartment List, track changes in rents charged across the country. One report shows rents remaining flat while the other shows rents declining for...
HUD proposes new revisions to AFFH rules
On January 19, the Department of Housing and Urban Development (HUD) issued a press release stating its intent to once again amend the rules surrounding HUD's affirmatively furthering fair housing (AFFH) regulations. While HUD...
Nearly 40 percent of renters passed on an apartment because they couldn’t find time...
Over 40 percent of U.S. adults have searched for an apartment in the last two years, yet four in 10 have passed on an apartment because they couldn’t find time to see it, and...
