NMHC, NAA release apartment industry’s 2021 policy priorities
The National Multifamily Housing Council (NMHC) and National Apartment Association (NAA) released the apartment industry’s 2021 policy priorities.
On behalf of the apartment industry and our residents, NMHC and NAA are focusing on issues that...
FHA expands real-estate owned property purchase opportunities for owner-occupant buyers
The Federal Housing Administration (FHA) on Thursday announced it is increasing its exclusive listing period on certain HUD single-family real-estate owned (REO) homes to allow more time for owner occupants, HUD-approved nonprofit organizations, and...
Soaring construction costs drop housing affordability to lowest level in a decade
Supply-chain bottlenecks that put upward pressure on home prices along with rising interest rates contributed to housing affordability falling to a 10-year low. And ongoing production challenges and the likelihood of higher interest rates in the months...
New NMHC construction survey finds record impact on availability of construction labor
A record 93 percent of multifamily developer respondents reported construction delays in the jurisdictions where they operate, according to the eighth edition of the National Multifamily Housing Council (NMHC) Construction Survey.
Of this group, 83...
Camden Property Trust establishes Resident Relief Fund for COVID-19 pandemic
Camden Property Trust announced it has established a $5 million Resident Relief Fund for Camden residents experiencing financial losses caused by the COVID-19 pandemic. “While the full impact of COVID-19 on our country is still...
Builder confidence climbs to 70 in May
Builder confidence in the market for newly-built single-family homes rose two points to a level of 70 in May after a downwardly revised April reading on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI)....
HUD takes a major step to improve health and safety inspections
The U.S. Department of Housing and Urban Development (HUD) announced another step to overhaul the Department’s 20-year-old inspection process to ensure taxpayer-supported housing is healthy and safe. HUD is launching a new demonstration to...
Higher interest rates begin to impact multifamily
Apartment sales volume fell while both equity and debt financing became more costly, according to the National Multifamily Housing Council’s Quarterly Survey of Apartment Market Conditions for July 2022. However, demand in most markets...
Special Delivery: 2018 NMHC/Kingsley Package Delivery Report
Just in time for the holiday delivery season, the 2018 National Multifamily Housing Council (NMHC)/Kingsley Package Delivery Report unpacks the industry’s response to rapid, continued growth of e-commerce.
This holiday shopping season, retailers such as...
Renewed consumer confidence boosts apartment demand
As 2023 comes to a close and inflation eases a bit, consumer confidence has rebounded, according to two December surveys. Renewed consumer confidence is boosting apartment demand in markets across the nation....
93.3 percent of apartment households paid rent as of July 27
The National Multifamily Housing Council (NMHC)’s Rent Payment Tracker found 93.3 percent of apartment households made a full or partial rent payment by July 27 in its survey of 11.4 million units of professionally...
Rent Payment Tracker: payments up 1.7 percent over last month
The National Multifamily Housing Council (NMHC)’s Rent Payment Tracker found 77.1 percent of apartment households made a full or partial rent payment by December 6 in its survey of 11.8 million units of professionally...
Housing starts rise 1.9 percent on multifamily surge
Gains in multifamily production pushed overall housing starts up 1.9 percent in March to a seasonally adjusted annual rate of 1.32 million units, according to newly released data from the U.S. Department of Housing and Urban Development...
New NMHC white paper explores the Internet of Things and the apartment sector
The Internet of Things (IoT) presents the apartment industry with both opportunities and challenges. The National Multifamily Housing Council (NMHC) has published a new white paper, Smart Communities: The Internet of Things & the...
BEA reports on housing inflation
The Bureau of Economic Analysis released its report on personal consumption expenditures (PCE) for the month of August. The overall PCE price index rose 0.3 percent for the month and 6.3 percent from the...
