HUD and Census Bureau report new residential sales in March 2018
The U.S. Department of Housing and Urban Development (HUD) and the U.S. Census Bureau jointly announced the following new residential sales statistics for March 2018:
New Home Sales
Sales of new single-family houses in March 2018...
Housing starts reach post-recession high in May as permits soften
Total housing starts rose 5 percent in May to a seasonally adjusted annual rate of 1.35 million units, according to newly released data from the U.S. Department of Housing and Urban Development and the Commerce Department. This...
July apartment market conditions show improvement; construction labor reported as both more expensive and...
Apartment market conditions improved across three of the four indexes measured by the July National Multifamily Housing Council (NMHC) Quarterly Survey of Apartment Market Conditions. The Sales Volume (55), Equity Financing (56) and Debt...
Rent growth turns positive in August
Apartment List is out with their rent report for August 2020. It shows a slight uptick in rents nationally but with wide local variations.
The big picture
A summary of Apartment List’s data on rent changes...
NMHC Research Foundation issues landmark report on the student housing sector
The U.S. privately owned student housing rental market has matured from a niche sector to a significant institutional market with a 20-year investment history through both privately held and publicly traded companies, according to...
Low inventory leads to solid gains in new home sales
Fueled by strong demand, low existing inventory and buyers' anticipation of future higher mortgage rates, new home sales posted a solid gain last month. Sales of newly built, single-family homes in September rose 14 percent to an...
Apartment industry offers housing stability support for residents impacted by COVID-19
America’s renters and housing providers are facing unprecedented financial hardships due to the outbreak of COVID-19 and are struggling to meet their financial obligations.
As the financial distress from the outbreak of COVID-19 continues, the...
NMHC and NAA statement on President Biden’s address to Congress
Statement from the National Multifamily Housing Council (NMHC) and the National Apartment Association (NAA) on President Biden’s address to the joint session of Congress.
NMHC and NAA applaud President Biden, his administration and lawmakers in...
Investor demand for real estate grows to new heights as U.S. heals from pandemic,...
Commercial real estate investment has bounced back from its COVID-19 nadir, with investor demand reaching new heights and capitalization rates declining across the real estate spectrum, according to a new CBRE survey.
The CBRE survey...
CoStar reports multifamily property prices fall in July
CoStar reported that its value-weighted index of multifamily property prices increased 17.7 percent year-over-year in July 2022. The index fell 1.1 percent month-over-month.
The combined value-weighted index of non-multifamily commercial property rose by 6.0 percent,...
Builder confidence climbs to 70 in May
Builder confidence in the market for newly-built single-family homes rose two points to a level of 70 in May after a downwardly revised April reading on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI)....
California REALTORS urge legislature to act swiftly on SB 50 before January 31 deadline
The California Association of Realtors (CAR) issued the following statement on Sen. Scott Wiener’s Senate Bill 50, which would help address the state’s urgent housing shortage and affordability crisis:
“The California Association of Realtors’ 200,000 real estate professionals...
Cool ROI through property maintenance
One of the most overlooked aspects of property management is maintenance. The maintenance team is on the front lines of the community, interacting with and satisfying residents, and saving money by extending the life...
HUD and Puerto Rico ink $1.5 billion disaster recovery grant agreement
U.S. Department of Housing and Urban Development (HUD) Secretary Ben Carson and Puerto Rico’s Governor Ricardo Rosselló today announced the formal execution of a $1.5 billion grant agreement to help citizens in Puerto Rico...
HUD implements new CARES Act multifamily mortgage payment relief to maintain and preserve affordable...
The U.S. Department of Housing and Urban Development (HUD) announced it is issuing new mortgage payment relief guidance under the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) for borrowers with multifamily mortgages...
