Construction materials prices higher in May
The Bureau of Labor Statistics (BLS) released its producer price index report for May 2021. It showed that construction materials prices were up 3.9 percent in the month, seasonally adjusted. The index was 17.3...
Mortgage payments for new homebuyers are rising faster than rents
The national median monthly mortgage payment for homebuyers rose 67 percent faster than rents during the same period, according to a new report from Redfin, the technology-powered real estate brokerage.
This is despite mortgage interest...
January NMHC Quarterly Survey shows little overall change
Apartment market conditions were mixed in the National Multifamily Housing Council’s Quarterly Survey of Apartment Market Conditions for January. The Market Tightness (46) and Equity Financing (50) indexes showed little change in those conditions...
Builders call on Congress to address housing affordability challenges
As the National Association of Home Builders (NAHB) celebrates National Homeownership Month in June, builders are urging Congress to address America's housing affordability challenges.
"Removing regulatory barriers that contribute to the increased costs of housing will pave the...
CoStar Group agrees to acquire RentPath from Chapter 11 Bankruptcy
CoStar Group, Inc., the leading provider of commercial real estate information, analytics and online marketplaces, announced that it has signed an agreement to acquire RentPath’s business for $588 million in cash, in connection with...
HUD funds COVID-19 related fair housing activities
The U.S. Department of Housing and Urban Development (HUD) announced it is awarding $1.5 million in Partnership and Special Enforcement Effort funds to HUD Fair Housing Assistance Program (FHAP) agencies to support COVID-19 education...
Rent Payment Tracker: rent payments flat from August
The National Multifamily Housing Council (NMHC)’s Rent Payment Tracker found 92.2 percent of apartment households made a full or partial rent payment by September 27 in its survey of 11.4 million units of professionally...
Rent Payment Tracker: payments up slightly from last month
The National Multifamily Housing Council (NMHC)’s Rent Payment Tracker found 76.6 percent of apartment households made a full or partial rent payment by January 6 in its survey of almost 11.3 million units of...
Rent payment delinquencies down slightly in July surveys
The week 34 release of the Census Bureau’s Pulse Survey shows that the portion of renters who are behind on their rent payments is down slightly over the last month. In addition, the NMHC...
Banks increase share of multifamily mortgage debt in Q2
A Mortgage Bankers Association (MBA) report on commercial and multifamily mortgage debt shows that the GSEs continued to be the largest source of net new multifamily mortgage funds in Q2. However, for the first...
New research confirms apartments outperform across time, geography and market conditions
Apartments outperform other commercial real estate property types, on both a risk-adjusted and unadjusted basis, regardless of holding period, geographic region, metro size, and growth rate according to new research from the National Multifamily...
2018 NMHC 50 demonstrates strong and continued apartment growth
The apartment sector continued its strong economic run last year, reflected in the National Multifamily Housing Council’s (NMHC) newly released 2018 NMHC 50—the authoritative ranking of the nation’s largest apartment owners, manager, developers, builders...
HUD approves US Virgin Islands’ $243 million disaster recovery plan
U.S. Department of Housing and Urban Development (HUD) Secretary Ben Carson today announced he is approving a disaster recovery plan to help citizens in the U.S. Virgin Islands to recover from Hurricanes Irma and...
Daryl Carter makes the case for housing to be part of infrastructure legislation
Statement from the National Multifamily Housing Council (NMHC) and National Apartment Association (NAA) on today’s Congressional testimony before the House Financial Services Committee by Daryl Carter, former Chairman of NMHC and Chairman and CEO...
American Ventures CEO reveals science behind multifamily & commercial real estate
Shravan Parsi, founder and CEO of multifamily and commercial real estate investment company, American Ventures, today announced the publication of The Science of the Deal™: The DNA of Multifamily and Commercial Real Estate.
A pharmaceutical...
