Fannie Mae forecasts higher near-term growth
Fannie Mae issued its February forecasts for the economy and for housing. They predict slightly higher growth in 2021 but slightly lower growth in 2022.
GDP growth shifts
Compared to the last time we checked in...
epIQ Index report on top management companies released
ApartmentRatings and SatisFacts Research have announced the list of 2020's top 100 multifamily property management companies by portfolio size and the top 250 rental communities nationwide as part of their epIQ Index Biannual Report,...
Construction materials prices higher in January
The Bureau of Labor Statistics (BLS) released its producer price index report for January 2021. It showed that the BLS price index of materials and components for construction was up 1.5 percent from December,...
Multifamily housing permits surge in January
The Census Bureau released its monthly new residential construction report for January 2021. It shows a rise in permits and starts of multifamily housing units but a drop in unit completions.
Multifamily housing construction permits...
Construction headwinds pick up in January
Housing production softened in January as rising lumber prices continue to affect the housing industry. Overall housing starts decreased 6.0 percent to a seasonally adjusted annual rate of 1.58 million units, according to a report from the...
Multifamily mortgage originations rebound in Q4
A report from the Mortgage Banker’s Association (MBA) says that the multifamily mortgage market rebounded in Q4 of 2020 with originations reaching a multi-year high.
Multifamily mortgage lending surges
The first chart, below, shows the quarterly...
Record-high lumber prices are hammering housing affordability
Soaring lumber prices are adding thousands of dollars to the cost of a new home, pricing out millions of potential home buyers and impeding the residential construction sector from moving the economy forward, according to the National...
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...
