Developers expect further decline in apartment starts, survey suggests
Apartment developers expect a further decline in apartment starts over the next 12 months, after already falling more than 40 percent this year, suggests a chart from John Burns Research. The chart is based...
CDC eviction moratorium back at Supreme Court – overturned
Update: On August 26, the Supreme Court lifted the stay on Judge Friedrich's order, meaning that the CDC's eviction moratorium may no longer be imposed nationwide. The vote was 6-3 with Justices Breyer, Sotomayor...
Multifamily housing unit completions lower in January
The Census Bureau’s new residential construction report for January showed high levels of multifamily permit issuance and unit starts, but completions continue to lag.
Multifamily housing permits remain at high level
The number of permits issued...
Rent growth rate declines in July
Yardi Matrix reported that the national average apartment rent growth in July was $10, bringing the average rent to $1,717 per month.
Rent growth rate slipping
The national average apartment rent was up 12.6 percent in...
Fed forecasts higher interest rates, slower growth ahead
While the big news coming out of the recent meeting of the Federal Open Market Committee (FOMC) was their decision to raise the Fed Funds rate by another half point, the Federal Reserve also...
Job openings remain high in November as quits rise
The November Job Openings and Labor Turnover (JOLT) report from the Bureau of Labor Statistics (BLS) said that the number of job openings dropped slightly while remaining at a high level. Hiring and job...
Multifamily property prices lead decline
The latest commercial property price report from MSCI Real Capital Analytics said that multifamily property prices fell 1.1 percent in November from their level of the month before. This was the largest month-over-month decline...
Multifamily housing construction recovering
The Census Bureau released its monthly new residential construction report for June 2020. It shows signs of life in multifamily housing construction.
Permits decline
The number of permits issued for buildings with 5 or more units...
Garden apartments lead rent growth
Rents in low-rise garden apartments continue to rise faster than pricing in taller residential structures. Garden apartments, defined as properties of one to three stories, register 3.1 percent rent growth for 2017, versus 1.4...
RealPage to be acquired by Thoma Bravo
RealPage, Inc., a leading global provider of software and data analytics to the real estate industry, announced it has entered into a definitive agreement to be acquired by Thoma Bravo, a leading private equity...
Planning the future of New York housing
New York Governor Kathy Hochul’s State of the State report for 2020 identifies a number of goals and proposes several programs to improve access to housing in the state.
The overarching goals defined in the...
2020 Sustainable Living Index results released
AMLI Residential, a leading developer of sustainable, multifamily properties, announced the results of its fourth annual Sustainable Living Index. This year’s survey polled a record 4,891 AMLI apartment residents asking how their opinions on...
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...
ULI gives guide to going green
The Urban Land Institute (ULI) recently released a report titled Renewable Energy Strategies for Real Estate. The report provides an introduction to different approaches that commercial real estate owners and tenants are using to...
Commercial real estate prices expected to stabilize in H2 2023, CBRE survey finds
Commercial real estate prices are showing signs of stabilizing as inflation moderates and the Federal Reserve nears the end of its interest rate hiking cycle, according to a new CBRE survey.
The CBRE survey, which...
