Apartment watch

The Department of Housing and Urban Development is planning to introduce new physical inspection standards for housing. They are seeking input from knowledgeable parties as part of the process of developing these standards. Multifamily...

The Bureau of Labor Statistics (BLS) recently released the Job Openings and Labor Turnover (JOLT) report for February. It shows that the labor market took a step back in that month. Looking at the churn The...

The latest rent report from Yardi Matrix sets a positive tone for rent growth for the country as-a-whole in 2021, with most markets returning to rent gains. Rents rise again in March Yardi Matrix reported that...

The latest Employment Situation Report from the Bureau of Labor Statistics shows that employment growth resumed in jobs categories of interest to builders and operators of multifamily housing in March. Total employment rises The BLS reported...

Freddie Mac recently released its Apartment Market Investment Index (AIMI) for Q4 2020. The national index was up 0.5 percent in the quarter and was 3.4 percent higher than its year-ago level, indicating an...

The latest rent report from Apartment List shows positive rent growth for the country as-a-whole and for 48 of the top 50 metro areas. Rents rebound strongly in March Apartment List reported that the national average...

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...

Recent reports from CoStar and from Real Capital Analytics (RCA) paint different pictures of short-term movements for multifamily property prices in February. Defining the indices The CoStar report focuses on a relative measure of property values...

The National Multifamily Housing Council (NMHC) and the National Apartment Association (NAA) are deeply disappointed with the extension of the Center for Disease Control (CDC)’s eviction moratorium. After grappling with the financial distress of the...

Realty Mogul recently polled nearly 1,000 real estate investors to assess their plans for the year ahead in light of the changes resulting from the pandemic and from the change in administrations in Washington. Where...

Senator Amy Klobuchar (D-Minn.) introduced a bill March 23 that would provide funding to support the development and implementation of local plans to increase the supply of housing. This bill is designated SB902. It...

A new report from CBRE found that both the absolute dollar value of foreign investment in multifamily properties as well as foreign investment’s share of total investment fell during 2020. Sizing up the deals The CBRE...

A Mortgage Bankers Association (MBA) report on multifamily and other commercial mortgage debt shows that the GSEs accounted for 96 percent of the increase in multifamily mortgage debt outstanding in Q4. Unlike the MBA report...

The National Association of Home Builders (NAHB) urged Congress to factor in housing affordability when seeking solutions to build more resilient communities that can withstand and recover from natural disasters. Testifying before the House Transportation and Infrastructure...

The Census Bureau released its monthly new residential construction report for February 2021. It reported that permits were strong, starts were moderate and completions were weak compared to the recent history of multifamily housing...