Rents show signs of stabilizing in January
The latest rent reports from Yardi Matrix and Apartment List show positive rent growth for the country as-a-whole in January. Rents rise in January Yardi Matrix reported that the national average apartment rent rose $3 (0.2...
Multifamily housing down in 2021 but will rebound in 2022
Regulatory and supply-side challenges coupled with slowing rent growth and rising vacancy rates will weaken the multifamily construction market in 2021. However, the development market should stabilize by 2022, according to economists from the National Association of Home...
NMHC expands, strengthens its commitment to diversity, equity and inclusion in the multifamily industry
The National Multifamily Housing Council (NMHC) announced new programs and resources dedicated to building on NMHC’s work for the past decade promoting diversity, equity and inclusion as a multifamily business imperative key to innovation...
NAHB identifies top features and design trends for 2021 in the wake of COVID-19
After declining for four years, a number of key trends-including the average size of the home and the number of bedrooms and bathrooms-reversed course in 2020 as a result of shifting buyer preferences in the wake of...
Housing an economic bright spot but regulatory, affordability challenges persist
As the country continues to rebound from the impact of the COVID-19 pandemic, housing has been a bright spot in the economic recovery. And while the home building industry is poised for another solid year in 2021,...
Rent Payment Tracker: Payments up from last month
The National Multifamily Housing Council (NMHC)’s Rent Payment Tracker found 79.2 percent of apartment households made a full or partial rent payment by February 6 in its survey of 11.6 million units of professionally...
Builder confidence in the 55+ housing market remains high in fourth quarter
Builder confidence in the single-family 55+ housing market remained high in the fourth quarter, inching down one point from an all-time high to 82, according to the National Association of Home Builders' (NAHB) 55+ Housing Market Index...
Multifamily property values rise, but not uniformly
Recent reports from CoStar and from Real Capital Analytics (RCA) show that multifamily property values continued to increase through the end of 2020, despite the pandemic. Defining the indices The CoStar report focuses on a relative...
Census reports on vacancies
The latest Census Bureau report on housing vacancies shows that the rental housing vacancy rate in Q4 2020 was 6.5 percent, only 0.1 percent higher than the year-earlier rate. Big picture view The Census Bureau report...
California extends eviction moratorium
California Governor Newsom has signed into law Senate Bill 91 (SB-91), which extends the state’s eviction moratorium to June 30, 2021. The bill also creates the State Rental Assistance Program which will use funds...
Nation’s home builders elect leadership for 2021
Members of the National Association of Home Builders (NAHB) elected four senior officers to top leadership positions within the federation at the conclusion of this week's NAHB Winter Leadership Meetings. With more than 700 affiliated state and...
January apartment market conditions show mixed results
Apartment market conditions showed mixed results in the National Multifamily Housing Council’s Quarterly Survey of Apartment Market Conditions for January 2021, as the industry continues to grapple with the ongoing COVID-19 pandemic. While the...
HUD nominee Marcia Fudge to push for rental assistance, affordable housing amid coronavirus crisis
If confirmed as secretary of housing and urban development, Rep. Marcia L. Fudge (D-Ohio) will confront the immediate challenge of keeping millions of Americans from losing their homes amid the coronavirus pandemic, while also...
Rent delinquencies continue to grow in January
The latest version of the Census Bureau’s Pulse Survey once again shows that an increasing portion of renters are falling behind on their rent payments. Taking our pulse The Pulse Survey is an experimental program that...
NAHB names Global Innovation Awards finalists
The National Association of Home Builders (NAHB) has announced the finalists for the 2020 Global Innovation Awards. The awards recognize the most advanced, cutting-edge and original products, services and homes from the United States and around the...
