Shift in single-family home building toward smaller markets continues
New findings from the National Association of Home Builders (NAHB) Home Building Geography Index (HBGI) show a shift in home building activity over the past 30 months, with notable slowing in large, metro urban...
HUD reports homelessness unchanged in U.S. in 2018 with notable declines among veterans and...
Homelessness in the U.S. remained largely unchanged in 2018, according to the latest national estimate by the U.S. Department of Housing and Urban Development (HUD). HUD’s 2018 Annual Homeless Assessment Report to Congress found...
MF industry associations respond to President Biden’s extension of the Eviction Moratorium
The National Multifamily Housing Council (NMHC) and the National Apartment Association (NAA) appreciate President Biden’s prompt and well-intended action to address the ongoing financial struggle of our nation’s 40 million renters.
However, NMHC and NAA...
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...
Next week’s interest-rate decision: How could the Federal Reserve act—and why?
Dwight Johnston, chief economist for the California Credit Union League, made the following comments on next week’s Federal Reserve announcement of short-term monetary policy decisions (interest rates) through its Federal Open Market Committee (FOMC)...
Real estate industry collaborates to fill talent pipeline
Twenty-nine real estate industry organizations, representing more than 10 million jobs, announced a ground-breaking collaboration to highlight the diverse career paths within the real estate sector.
The first initiative of this collaboration is a new...
Statement from NAHB chairman Randy Noel and HBI incoming president and CEO Ed Brady...
Randy Noel, chairman of the National Association of Home Builders (NAHB) and Ed Brady, incoming president and CEO of the Home Builders Institute (HBI), issued the following joint statement regarding the First Step Act:
"NAHB commends Republicans and...
Builder confidence remains on solid footing in March
Builder confidence in the market for newly-built single-family homes edged down one point to a level of 70 in March from a downwardly revised February reading on the National Association of Home Builders/Wells Fargo...
HUD awards $2.7 billion to improve, preserve nation’s public housing
The U.S. Department of Housing and Urban Development awarded more than $2.7 billion in funding to nearly 2,900 public housing authorities (PHAs) in all 50 states, as well as the District of Columbia, Guam,...
Emergency Rental Assistance funds still flowing
A recent report by the U.S. Department of the Treasury states that, as of the end of January 2022, 69 percent of the $25 billion in emergency rental assistance funds allocated under the Consolidated...
Are multifamily property price rises cresting?
A new report from Real Capital Analytics (RCA) said that multifamily property prices rose 22.4 percent year-over-year in March and that they rose 1.1 percent from the month before. The annual rate of increase...
HUD joins Justice Department in nationwide initiative to combat sexual harassment in housing
Today, as the U.S. Department of Housing and Urban Development (HUD) and the Department of Justice recognizes the 50th Anniversary of the Fair Housing Act, Secretary Carson and Attorney General Jeff Sessions announced the...
Mixed picture for multifamily employment
The Employment Situation Report from the Bureau of Labor Statistics stated that November employment levels in 3 of the 4 multifamily-related job categories we track were below the preliminary levels reported last month.
Overall employment...
NMHC calls on lawmakers to provide direct financial assistance to renters
NMHC and its member firms are committed to supporting residents who are impacted by COVID-19 and need assistance with their housing costs. NMHC is actively working with Congress to secure federal support for those...
The all-new HUD.gov
HUD Public Affairs launch their newly redesigned website, HUD.gov. The site has been extensively redesigned with the goal of improving the site's usability. Changes were made to the site's menus to improve the ease...
