NAHB forms diversity, equity and inclusion task force
The National Association of Home Builders (NAHB) announced it has formed a Diversity, Equity and Inclusion (DEI) Task Force. The task force as created to review and establish best practices for developing and sustaining policies designed to...
Multifamily absorption surprisingly strong in 2020, says Yardi Matrix
Despite a disruptive pandemic, investor demand for multifamily real estate was strong in 2020, according to a newly released Yardi Matrix Bulletin. Around 252,000 apartment units were absorbed last year. That's about 1.7 percent of...
Rent delinquencies down in latest Pulse Survey
The latest version of the Census Bureau’s Pulse Survey shows that the portion of renters who are current on their rent payments is up since we last reported on the survey results. What is the...
Jobs market growth stalls
The Employment Situation Report for February from the Bureau of Labor Statistics (BLS) shows little change in employment in jobs categories of interest to builders and operators of multifamily housing. Total employment The BLS reported that...
Victory: Court sets aside the CDC’s ban on evictions
A federal judge ruled that the Centers for Disease Control and Prevention overstepped its authority in issuing a nationwide eviction ban. The ruling is a victory for a group of Ohio landlords and the...
MF industry responds to Congresswoman Marcia Fudge’s confirmation as HUD Secretary
Marcia L. Fudge was officially sworn in as the eighteenth Secretary of Housing and Urban Development. Secretary Fudge took the oath the evening of March 10 after the Senate voted to confirm her. As Secretary...
Rent Payment Tracker: Payments up from last month
The National Multifamily Housing Council (NMHC)’s Rent Payment Tracker found 80.4 percent of apartment households made a full or partial rent payment by March 6 in its survey of 11.6 million units of professionally...
Residential construction spending jumps in January
The Census Bureau’s report on residential construction spending for January shows a 2.7 percent increase from December’s level. Overall construction spending was up 0.9 percent for the month and was 3.8 percent higher than...
Multifamily property values increase in January
Recent reports from CoStar and from Real Capital Analytics (RCA) show that multifamily property values continued to rise in January. Defining the indices The CoStar report focuses on a relative measure of property values called the...
Renters’ credit scores improve despite COVID
A new report from TransUnion paints a relatively positive picture of the financial positions of America’s renters as we head into 2021. Collecting the data TransUnion has done an analysis of renter credit activity data the...
New priced out study highlights the housing affordability crisis
A new study by the National Association of Home Builders (NAHB) puts a spotlight on the nation's housing affordability crisis and illustrates how even a relatively small increase in the price of a home can prevent hundreds...
Best in American Living awards embrace top design trends for 2021
More than 160 single-family, multifamily, interior design, remodeling and community projects were honored at the 2020 Best in American Living Awards (BALA) virtual ceremony. The awards are sponsored by Monogram Luxury Appliances, and the media partner is Professional...
Multifamily construction sentiment declines in fourth quarter
Confidence in the market for new multifamily housing declined in the fourth quarter of 2020, according to results from the Multifamily Market Survey (MMS) released by the National Association of Home Builders (NAHB). The MMS produces two...
Student housing struggles
Yardi Matrix has released the first in a planned series of quarterly reports covering the purpose-built student housing market. The report describes an industry finding its footing after COVID. Defining the focus Just as the Yardi...
HUD awards $2.7 billion to improve, preserve nation’s public housing
The U.S. Department of Housing and Urban Development awarded more than $2.7 billion in funding to nearly 2,900 public housing authorities (PHAs) in all 50 states, as well as the District of Columbia, Guam,...
