Apartment watch

The Bureau of Labor Statistics (BLS) recently released the Job Openings and Labor Turnover (JOLT) report on the jobs market for September. It reported that the number of job openings fell slightly but quits...

Housing affordability held steady at its lowest level in nearly a decade, as higher home prices offset lower mortgage rates to keep the affordability rate flat in the third quarter of 2021. However, ongoing supply-chain disruptions and...

The Bureau of Labor Statistics (BLS) released its producer price index report for October 2021. It showed that construction materials prices were up 1.2 percent in the month, seasonally adjusted. The index of components...

The latest rent report from Yardi Matrix shows record high asking apartment rents for the country as-a-whole in October, with single family rental (SFR) rent growth again outpacing that of multifamily. Rents up sharply Yardi Matrix...

The National Multifamily Housing Council (NMHC)’s Rent Payment Tracker found 78.2 percent of apartment households made a full or partial rent payment by November 6 in its survey of 11.8 million units of professionally...

The latest Employment Situation Report from the Bureau of Labor Statistics stated that both residential construction jobs and apartment operations jobs saw gains for the month. Total employment growth meets expectations The BLS reported that employment...

A report from the Mortgage Bankers’ Association (MBA) says that there was a significant rise in the originations of multifamily mortgages in Q3 both on a quarter-over-quarter and on a year-over-year basis. Tracking multifamily mortgage...

The National Apartment Association (NAA) was honored to represent the rental housing industry at a White House event highlighting Operation Allies Welcome, a nationwide effort to safely welcome Afghan allies and Afghans at risk. “The...

The National Apartment Association (NAA) and the National Multifamily Housing Council (NMHC) applaud the passage of the Bipartisan Infrastructure Investment and Jobs Act. The nation’s apartment industry and our 40 million residents depend on robust,...

A pair of ballot measures either implementing rent control (St. Paul) or allowing it to be implemented (Minneapolis) were approved by voters in Tuesday’s elections. In both cases, 53 percent of voters voted in...

A lack of skilled construction labor is a key limiting factor for improving housing inventory and affordability, according to a new report by the Home Builders Institute (HBI). Additionally, the report cautions that the required number of...

The Census Bureau released its quarterly report on home ownership and occupancy. It showed that the rental housing vacancy rate was 5.8 percent in Q3 2021, down from a level of 6.2 percent in...

The latest rent report from Apartment List shows that rent growth is still at a high, if decelerating, pace. Nationally, rents were up 0.8 percent for the month and nearly 16 percent for the...

The Census Bureau’s report on construction spending shows that the value of residential construction put in place in September was up 19 percent year-over-year but fell 0.4 percent month-over-month. Passing the peak The reported value of...

The latest CoStar report on the change in prices of commercial property in the United States said that multifamily property prices rose 12.5 percent over the last 12 months, but multifamily is no longer...