MHP Blog

multifamily housing construction

Multifamily housing construction down in April

The Census Bureau released its monthly new residential construction report for April 2020. It shows reduced activity at all stages of multifamily housing construction. Permits fall The number of permits issued for buildings with 5 or...
construction jobs

COVID-19 hits jobs

The Bureau of Labor Statistics (BLS) recently released its Job Openings and Labor Turnover (JOLT) report for March. It is the first report to cover a period of time when the reaction to the...
rent collections

May rent collections running ahead of last month’s rate

The NMHC rent tracker project has released its second reading on rent collections in the month of May. A total of 87.7 percent of residents had made a payment by May 13, 2020. This...

Construction material prices fall in April

The Bureau of Labor Statistics (BLS) released its producer price index report for April 2020. It showed that overall prices for processed goods for intermediate demand fell by 3.7 percent, the fourth monthly drop...

Rents fall in April

Yardi Matrix released its April 2020 report on the multifamily housing market. This report begins to reflect the rapid changes to the market that have been occurring since the breakout of the COVID-19 epidemic...

Rent collections off to good start in May

The NMHC rent tracker project has released its first reading on rent collections in the month of May. It found that 2.2 percent more of residents have made a rent payment through May 6...

CoStar reports on commercial property values

CoStar recently released a report on the change in value of commercial property in the United States. It says that multifamily property values continue to increase faster than those of other commercial property types. A...

COVID-19 and multifamily: an update

On May 6, Yardi Matrix hosted a webinar on the impact of the COVID-19-related shutdown on the economy and its effect on multifamily housing. This article focuses on the multifamily-specific portion of the presentation. A...

Builder confidence in the 55+ housing market plunges

Builder confidence in the single-family 55+ housing market dropped 30 points to 38 in the first quarter of 2020, according to the National Association of Home Builders'  55+ Housing Market Index released recently. This is the...

New norms in a post-virus world

Institutional Property Advisors recently held a webinar to discuss how the new norms resulting from the COVID-19 epidemic would affect the behavior of residents and investors. Participating in the webinar were Lilli Dunn, president...

Rent collections report for April, week 3

As part of its project to track rent payments being made during the corona virus shutdown, NMHC reported that an additional 5 percent of renters made at least a partial payment of their April...

NMHC top 50 lists released

The National Multifamily Housing Council (NMHC) released its list of the largest firms in the US multifamily housing industry. The firms are ranked by units in buildings with 5 or more units. The results...

Census reports on multifamily housing construction for March 2020

The Census Bureau released its monthly new residential construction report for March 2020. It presents a mixed picture for multifamily housing construction with some softening of results but from a strong base. Permits are mixed The...
NMHC rent payment tracker

NMHC rent payment tracker – week 2

As part of its project to track rent payments being made during the corona virus shutdown, NMHC reported that an additional 15 percent of renters made at least a partial payment of their April...
construction materials

Construction material prices stable in March

The Bureau of Labor Statistics (BLS) released its producer price index report for March 2020. It showed that overall prices for processed goods for intermediate demand fell by 1.1 percent, the third monthly drop...
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