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...
DOJ weighs in on RealPage suit
The Biden Department of Justice (DOJ) has come down on the side of the plaintiffs suing RealPage and many property management companies over their use of revenue management software in setting rents. The DOJ...
Economic forecasts show rising inflation concerns
A pair of economic forecasts, one from Fannie Mae and one from the Federal Reserve predict higher inflation ahead and higher interest rates as a result.
Fannie Mae issues a monthly forecast for the economy...
ClosetMaid enhances its popular ExpressShelf pre-finished shelf and rod system
ClosetMaid has responded to high demand for its ExpressShelf pre-finished shelf and rod system by launching additional hardware options that enable more configurations and applications.
The new ExpressShelf hardware makes full walk-in and wall-to-open shelving...
Construction materials prices continue to fall
The November producer price index (PPI) report from the Bureau of Labor Statistics (BLS) stated that construction materials prices fell 0.2 percent in the month, seasonally adjusted, the third monthly decline in a row....
HUD releases new research on increasing affordable housing production and preservation
The U.S. Department of Housing and Urban Development released its latest research on innovative strategies being pursued by state and local governments to remove regulatory barriers to affordable housing and increase housing supply.
The new research, published by HUD’s...
Multifamily housing down in 2021 but will rebound in 2022
Regulatory and supply-side challenges coupled with slowing rent growth and rising vacancy rates will weaken the multifamily construction market in 2021. However, the development market should stabilize by 2022, according to economists from the National Association of Home...
Multifamily jobs reported higher in July
The latest Employment Situation Report from the Bureau of Labor Statistics stated that employment in both apartment operations jobs and residential construction jobs was higher than in the prior month.
Overall jobs number rise
The Bureau...
MBA forecasts a slowing economy
The Mortgage Bankers’ Association (MBA) recently released its Q2 2022 quarterly databook. It contains some data that has been previously discussed here and here, but it also includes new forecasts for key economic metrics...
CoStar reports rising multifamily property prices
A recent report from CoStar indicates that multifamily property prices are maintaining steady growth on a year-over-year basis.
Defining the indices
The CoStar report focuses on a relative measure of property prices called the CoStar Commercial...
Confidence in multifamily housing weakens in first quarter of 2022
Confidence in the market for new multifamily housing turned downward in the first quarter of 2022, according to results from the Multifamily Market Survey (MMS) released today by the National Association of Home Builders...
Multifamily construction sentiment improves in first quarter of 2021
Confidence in the market for new multifamily housing increased in the first quarter of 2021, according to results from the Multifamily Market Survey (MMS) released today by the National Association of Home Builders (NAHB). The MMS produces...
MSCI: Multifamily property price decline continues
The latest commercial property price report from MSCI Real Capital Analytics said that multifamily property prices fell 1.0 percent from their level of the month before in February. This is much faster than last...
Multifamily property prices rise at record rate
A new report from Real Capital Analytics (RCA) said that multifamily property prices rose 16.8 percent year-over-year through October. This is the highest rate ever seen in their data set, which goes back to...
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,...
