CoStar reports multifamily property prices higher
CoStar reported that its value-weighted index of multifamily property prices increased 21.6 percent, year-over-year, in May 2022. This index was up 1.4 percent month-over-month.
The combined value-weighted index of non-multifamily commercial property rose by 7.6...
Landlords sue CDC over illegal eviction ban
In a lawsuit filed on Friday, October 23, landlords are challenging the nationwide ban on evictions imposed by the Centers for Disease Control and Prevention. The landlords say that the CDC’s ban violates the...
NMHC and NAA statement on the extension of the CDC Eviction Moratorium
The National Multifamily Housing Council (NMHC) and the National Apartment Association (NAA) are deeply disappointed with the extension of the Center for Disease Control (CDC)’s eviction moratorium.
After grappling with the financial distress of the...
FHFA announces 2024 multifamily loan purchase caps
The Federal Housing Finance Agency (FHFA) announced that the 2024 multifamily loan purchase caps for Fannie Mae and Freddie Mac (the GSEs) will be $70 billion for each GSE, for a combined total of...
SEC to mandate climate risk disclosure
On March 21, the SEC posted a proposed rule which would mandate that public companies include climate risk disclosure information in their standard filings. The proposed rule is 510 pages long. The rule’s disclosure...
Census reports on rental vacancies in Q4
The Census Bureau released its quarterly report on home ownership and occupancy for Q4 2022. It stated that the rental housing vacancy rate was 5.8 percent, down from a level of 6.0 percent in...
California spends big on housing
Governor Newsom of California recently signed AB 140 into law. This bill is a trailer to the 2021-21 California State Budget and funds ambitious housing and homelessness prevention programs in the state. It allocates...
Multifamily property prices see gains in Q1
Recent reports from CoStar and from Real Capital Analytics (RCA) show that multifamily property prices rose in the year to March.
Defining the indices
The CoStar report focuses on a relative measure of property prices called...
Multifamily jobs up in December
The latest Employment Situation Report from the Bureau of Labor Statistics (BLS) stated that the numbers of both residential construction jobs and apartment operations jobs were both up for the month. However, this report...
Multifamily jobs markets see gains in September
The latest Employment Situation Report from the Bureau of Labor Statistics stated that both residential construction jobs and apartment operations jobs were up for the month.
Total employment grows slowly for the month
The BLS reported...
The future of bureaucratic rule: West Virginia v. EPA
Who should make policy? The U.S. Supreme Court just answered that question in a decision with far reaching implications for the apartment industry. The West Virginia v. EPA decision affirmed that policy must be...
NMHC & Kingsley 2020 Apartment Resident Preferences Report takes residents’ pulse on top leasing...
From must-have technology to popular pet perks, the 2020 Apartment Resident Preferences Report released today by the National Multifamily Housing Council (NMHC) and Kingsley Associates provides an exhaustive look at what apartment residents want...
Rent declines stabilize while Midwest markets outperform
Apartment rent growth is expected to remain stagnant near zero this year, just as it has since August 2023, according to RealPage Analytics. RealPage SVP and Chief Economist Jay Parsons explained that...
Multifamily jobs decline in December
The latest Employment Situation Report from the Bureau of Labor Statistics stated that the numbers of both residential construction jobs and apartment operations jobs were down in December.
Total employment growth disappoints
The BLS reported that...
White House Opportunity and Revitalization Council introduces opportunityzones.gov
Secretary Ben Carson, on behalf of the White House Opportunity and Revitalization Council, announced a new website that will serve as a hub of information for the array of audiences that work with the...
