Economic pressures plague renters as median income fell in 2022
Called the invisible tax, inflation wreaked havoc with resident income in 2022 according to new reports by the Census Bureau. This marks three straight years where the nation’s standard of living has fallen due...
Freddie looks ahead
The Federal Home Loan Mortgage Corporation’s (Freddie Mac) Multifamily Research Center recently issued a report entitled “Multifamily 2019 Outlook”. The report forecasts continued strength in the multifamily property market for the remainder of this...
Rent growth rises heading into spring
The latest rent report from Apartment List shows that the national average monthly rent growth in March was a positive 0.5 percent, up slightly from last month’s increase and the second positive month in...
HUD proposes new revisions to AFFH rules
On January 19, the Department of Housing and Urban Development (HUD) issued a press release stating its intent to once again amend the rules surrounding HUD's affirmatively furthering fair housing (AFFH) regulations. While HUD...
Rents continue to decline in May
Yardi Matrix released its May 2020 report on the multifamily rental housing market. The report shows that the COVID-19 induced softness in the market is continuing.
Rent growth drops
While the usual annual pattern is for...
Multifamily housing construction: permits up, starts down
The Census Bureau released its monthly new residential construction report for July 2021. It reported good results for permits, starts and completions compared to long-term averages, if not when compared to recent highs.
Multifamily housing...
MASCO’s KraftMaid supports skilled labor fund
The National Housing Endowment (NHE), the philanthropic arm of the National Association of Home Builders (NAHB), announced today that MASCO's KraftMaid has donated to the group's Skilled Labor Fund. The Skilled Labor Fund is an industry-wide effort...
HUD and DOJ launch public awareness campaign against sexual harassment in housing
The U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of Justice (DOJ) today released a public service announcement (PSA) to raise awareness of housing-related sexual harassment and to reach persons...
High performance building practices prevalent in the residential home building market
Home builders across the country are prioritizing high-performance building practices in their projects, regardless if they consider the home they are building to be green, according to new research published in the 2020 Green Single Family and...
The jobs market rebound begins
The Bureau of Labor Statistics (BLS) recently released its Job Openings and Labor Turnover (JOLT) report for May. It shows how the jobs market is responding to the economy being reopened after the COVID-19...
Taking sides on Prop 21
The latest rent control initiative to appear on California’s ballot will be voted on this November. People and groups are now declaring where they stand on Proposition 21.
Recapping the basics
Prop 21 would allow rent...
Multifamily housing construction activity falls slightly in October
The Census Bureau’s new residential construction report for October recorded slight declines in multifamily housing construction permits, starts and completions. However, none of the declines was more than 5 percent from the levels of...
Nearly 700 builders shine a spotlight on housing affordability in Hill Visits
Nearly 700 builders from across the nation converged on Capitol Hill today for the National Association of Home Builders (NAHB) 2019 Legislative Conference to urge their lawmakers to support policies that will increase the production of quality,...
Improving fundamentals for senior housing in Q1
An NIC Map Vision summary report shows that the fundamental metrics for the senior housing industry are strengthening. However, they remain below pre-pandemic levels.
Segmenting the market
The senior housing market is highly fragmented, with NIC...
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...
