Fannie Mae advances market readiness for new index rate
Fannie Mae highlighted the achievement of key milestones, as it continues advancing the mortgage market's readiness for the anticipated future cessation of LIBOR.
Through external engagement, including participation on the Alternative Reference Rates Committee (ARRC) and...
NAHB calls for ending lumber tariffs, boosting production at White House event
The National Association of Home Builders (NAHB) urged the Biden administration to increase domestic production of timber from federal lands and to work with Canada on a new softwood lumber agreement that will eliminate...
Census reports uptick in rental vacancy rates
The Census Bureau released its quarterly report on home ownership and occupancy for Q1 2022. It showed that the rental housing vacancy rate was 5.8 percent, up from a level of 5.6 percent in...
Survey shows significant delays in apartment construction
The percent of apartment developers reporting construction delays remained essentially the same in the second iteration of the National Multifamily Housing Council’s (NMHC) Construction Survey—56 percent compared to 55 percent in the April 3...
Multifamily and construction job openings much lower in January
The Job Openings and Labor Turnover (JOLT) report from the Bureau of Labor Statistics (BLS) said that the number of job openings in January was 10.82 million, down from the preliminary figure reported last...
2023 off to a sluggish start for single-family production
Although rising builder sentiment indicates a turning point for housing later this year, lackluster single-family production in January is a sign that the housing sector faces further challenges, as elevated mortgage rates and high...
Rent tracker shows payments up in June
The NMHC rent tracker project has released its third reading on rent collections in the month of June. A total of 92.2 percent of residents had made a rent payment by June 20, 2020....
Statement from NAHB Chairman Chuck Fowke on President Biden’s infrastructure plan
Chuck Fowke, chairman of the National Association of Home Builders (NAHB) and a custom home builder from Tampa, Fla., issued the following statement on President Biden's infrastructure proposal:
"NAHB commends President Biden for proposing a much-needed...
Yardi Matrix reports apartment rents are still rising
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...
Job openings remain high in November as quits rise
The November Job Openings and Labor Turnover (JOLT) report from the Bureau of Labor Statistics (BLS) said that the number of job openings dropped slightly while remaining at a high level. Hiring and job...
Rents up in January
The latest rent report from Yardi Matrix shows that apartment rents are continuing to rise this year even during the winter months when they are usually flat. However, the pace of rent increases is...
How are SFR residents different?
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...
Tax Day: Hoteliers call for more transparency and oversight in taxing Airbnb
The American Hotel and Lodging Association (AHLA) called on state and local government leaders on National Tax Day, to start taxing Airbnb and other short-term rental sites with the same oversight and transparency as...
Rent reform, AFFH, supply and housing vouchers
HUD Secretary Ben Carson, NMHC Fall Meeting Washington, DC ~ September 14, 2018
Introduction
Thank you, Sue, for the kind introduction. I am delighted to join you for your fall Council Meeting.
The National Multifamily Housing Council...
NMHC and NAA support Senate Banking Committee’s approval of Mark Calabria to be Director...
Statement from the National Multifamily Housing Council (NMHC) and National Apartment Association (NAA) on the approval by the Senate Committee on Banking, Housing, and Urban Affairs of Mark Calabria’s nomination to be the next...
