Apartment watch

President Biden released a framework for a reconciliation bill that would implement his legislative priorities. No text for actual legislation was provided, so the framework is only the general outline of a plan at...

Apartment market conditions showed continued improvement in the National Multifamily Housing Council’s Quarterly Survey of Apartment Market Conditions for October 2021. The Market Tightness (82), Sales Volume (79), and Equity Financing (65) indexes came...

A new report from Trepp takes a look at the state of commercial real estate (CRE) lending in Q3 2021. While the report covers lending for all commercial property types, this article focuses on...

Yardi Matrix recently held a webinar presenting its Fall 2021 multifamily outlook. The presentation included both a general outlook for the economy and a discussion of the future direction for the multifamily housing market....

Fueled by strong demand, low existing inventory and buyers' anticipation of future higher mortgage rates, new home sales posted a solid gain last month. Sales of newly built, single-family homes in September rose 14 percent to an...

The National Multifamily Housing Council (NMHC) and National Apartment Association (NAA) issued the following statement on the disappointing news that less than a quarter of emergency rental assistance aid has been distributed to residents...

A report from Real Capital Analytics (RCA) said that multifamily property prices rose 16.3 percent in the year through September. However, unlike in recent reports, apartments were overtaken by both office and industrial properties...

The “week 39” release of the Census Bureau’s Pulse Survey shows that the portion of residents with rent delinquencies is up slightly since we last reported on this survey. For comparison, the NMHC rent...

The National Association of Home Builders (NAHB) called on Congress and the Biden administration to help ease building material supply chain bottlenecks that are harming housing affordability by removing trade barriers and seeking solutions to port congestion...

The Census Bureau’s new residential construction report for September showed lower multifamily housing construction activity than in recent months. Multifamily housing permits issuance declines The number of permits issued for buildings with 5 or more units...

Compared with earlier forecasts, Fannie Mae’s October economic and housing forecasts call for higher multifamily housing starts over the next 6 months while also anticipating lower GDP growth and higher inflation. Housing: less single-family, more...

The Bureau of Labor Statistics (BLS) released its producer price index (PPI) report for September 2021. It showed that construction components and materials prices were down 0.2 percent in the month, seasonally adjusted. However,...

The latest rent reports from Yardi Matrix and Apartment List show strongly positive rent growth for the country as-a-whole in September. Rents up across the board Yardi Matrix reported that the national average apartment rent rose...

The Bureau of Labor Statistics (BLS) recently released the Job Openings and Labor Turnover (JOLT) report for August. It reported that the number of job openings fell slightly but remained at a high level. Evaluating...

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...