Apartment watch

The Bureau of Labor Statistics (BLS) released its producer price index report for November 2020. It showed that the BLS price index of materials and components for construction was down 0.3 percent from October,...

Recent reports from CoStar and from Real Capital Analytics (RCA) show that multifamily property prices continued to increase in October. Defining the indices The CoStar report focuses on a relative measure of property values called the...

A pair of reports, one from Yardi Matrix and one from Apartment List, track changes in rents charged across the country. The reports show rents declining slightly for the country as-a-whole. However, they both...

Two recent reports from the Bureau of Labor Statistics (BLS) describe the current labor situation. They are the Employment Situation Report for November and the Job Openings and Labor Turnover (JOLT) report for October....

The National Multifamily Housing Council (NMHC)’s Rent Payment Tracker found 75.4 percent of apartment households made a full or partial rent payment by December 6 in its survey of 11.5 million units of professionally...

Ongoing supply constraints in America’s housing market continued to drive demand for single-family rental homes in the third quarter of 2020. Fueled by growing numbers of individuals and families transitioning away from urban residential...

Ginnie Mae mortgage-backed securities (MBS) continue to be a strong source of capital for America's homeowners, with more than $76.2 billion of securities issued in November, the fifth consecutive month issuance topped $70 billion....

The U.S. Department of Housing and Urban Development today announced the award of over $54.7 million in capital advance and project rental assistance grants to 15 organizations, to expand the supply of affordable rental...

A trend of higher demand for housing in lower-density areas reported in the second quarter National Association of Home Builders (NAHB) Home Building Geography Index (HBGI) has persisted into the fall, as single-family and multifamily construction continued...

Low rates of household formation since the Great Recession have caused 5.7 million "missing" households, a new Zillow analysis finds. These missing households represent people who historically would have moved into their own home but...

In a first-of-its-kind multifamily sector survey specifically examining technology, the NMHC/One11 Advisors Apartment Industry Technology Benchmarking Report is designed to establish an industry-wide baseline understanding of how apartment companies are supporting technology and innovation...

Chuck Fowke, chairman of the National Association of Home Builders (NAHB) and a custom home builder from Tampa, Florida, issued the following statement after the Commerce Department lowered duties on Canadian lumber shipments into...

Confidence in the market for new multifamily housing increased in the third quarter, according to results from the Multifamily Market Survey (MMS) released by the National Association of Home Builders (NAHB). The MMS produces two separate indices....

The Census Bureau released its monthly new residential construction report for October 2020. It shows continuing weakness for multifamily housing construction permits and starts but a high pace for completions of multifamily housing units. Multifamily...

Both CBRE and Yardi Martix have recently issued reports which discussed the prospects for the multifamily housing market in 2021. This article describes some of the key take-aways from those reports. The long view Both reports...