Apartment watch

The wage data the Bureau of Labor Statistics (BLS) released along with its employment situation report show that hourly wage growth for three categories of employees of interest to multifamily owners and operators has...

The Mortgage Bankers’ Association (MBA) recently released its Q1 2022 quarterly databook. It contains some data that they had previously released but it also includes economic forecasts for key metrics through 2024. Something old The information...

The latest Employment Situation Report from the Bureau of Labor Statistics stated that employment in apartment operations jobs grew during the month while residential construction jobs declined. Employment up, participation down The Bureau of Labor Statistics...

An NIC Map Vision brief on the state of the senior housing industry reports that its fundamentals are slowly improving after the loss in occupancy the industry experienced during the pandemic. Market or markets? The senior...

Myth #1: “Managed Wi-Fi is not secure.” BUSTED! Managed Wi-Fi is actually more secure than individual resident networks. Some providers, like DISH Fiber, offer enterprise-grade firewalls for every property to create greater peace of mind. Additionally,...

The administration of Mayor Eric Adams recently released a plan to address housing issues in New York City . It is called “Housing Our Neighbors: A Blueprint for Housing and Homelessness”. The document is...

The Job Openings and Labor Turnover (JOLT) report from the Bureau of Labor Statistics (BLS) said that the number of job openings declined in May from last month’s level, but they remained at a...

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...

The Census Bureau’s latest report on construction spending shows that the value of residential construction put in place in May was up 0.2 percent from the revised level of the month before. Residential construction...

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...

Fully 97 percent of apartment developers report experiencing construction delays according to the National Multifamily Housing Council’s (NMHC) Construction Quarterly Survey. Of those experiencing overall delays, 83 percent reported delays in permitting and 93...

The latest rent report from Apartment List shows that the national average apartment rent rose in June, increasing 1.3 percent month-over-month and 14.1 percent year-over-year. While still very strong, the year-over-year rate is down...

A presentation at the National Apartment Association’s (NAA) Apartmentalize conference last week in San Diego discussed the differences between the single-family and multifamily rental markets. One aspect of this comparison was the differences between...

A new report from MSCI said that multifamily property prices rose 23.3 percent year-over-year in May and that they rose 1.5 percent from the month before. The annual rate of increase is effectively unchanged...

The Biden administration recently announced its plan to solve the nation’s housing shortage, which includes creating more affordable housing. The 13-page Housing Supply Action Plan promises to increase housing supply across the nation, eradicating...