Apartment watch

On August 3, the CDC issued a new extension to its moratorium on evictions. The latest extension is scheduled to run until October 3, 2021. While, the CDC had said that it expected that...

The Census Bureau released its quarterly report on home ownership and occupancy. It showed that the rental housing vacancy rate fell from 6.9 percent in Q2 2019 to 6.3 percent in Q2 2021. The...

A new National Multifamily Housing Council (NMHC) survey of apartment owners and managers shows that 100 percent of multifamily firms surveyed worked with residents facing financial hardships since the onset of the COVID-19 crisis....

The National Apartment Association (NAA) filed a lawsuit in the U.S. Court of Federal Claims to recover damages on behalf of rental housing providers who have suffered severe economic losses under the U.S. Centers...

A report from Real Capital Analytics (RCA) said that multifamily property prices rose 12 percent in the year to June, topping the rates of price growth for the other commercial property types they track....

Governor Newsom of California recently signed AB 140 into law. This bill is a trailer to the 2021-21 California State Budget and funds ambitious housing and homelessness prevention programs in the state. It allocates...

Fannie Mae’s July economic and housing forecast projects a flattening of the GDP growth curve in 2021, with lower growth in Q2 but higher growth in Q3 and Q4 than projected in earlier forecasts....

Apartment market conditions showed continued improvement in the National Multifamily Housing Council’s Quarterly Survey of Apartment Market Conditions for July 2021. For the first time since October 2015, the Market Tightness (96), Sales Volume...

The Census Bureau released its monthly new residential construction report for June 2021. It reported that some multifamily housing construction results were down from recent highs, but they were still solid compared to historical...

The latest rent report from Yardi Matrix shows accelerating rent growth for the country as-a-whole in June, with SFR rents outpacing those of multifamily. Rents up sharply again Yardi Matrix reported that the national average apartment...

Strong buyer demand helped to offset supply-side challenges relating to building materials, regulation and labor as builder confidence in the market for newly built single-family homes inched down one point to 80 in July, according to the...

Student housing has historically experienced recession-proof demand as measured by enrollment in public four-year universities. NMHC’s Research Foundation has released two new reports exploring the future of student housing as the millennials age and...

The Bureau of Labor Statistics (BLS) released its producer price index report for June 2021. It showed that construction materials prices were up 3.2 percent in the month, seasonally adjusted. The index was 20.4...

National Association of Home Builders CEO Jerry Howard testified before Congress today and called on lawmakers to enact key policy proposals that will help home builders to expand the housing supply, reduce the housing deficit and improve...

The week 33 release of the Census Bureau’s Pulse Survey shows that the portion of renters who are behind on their rent payments is up since we last reported on the survey results. Note that...