National

Articles with a National focus

Rent delinquencies continue slow rise

The “week 39” release of the Census Bureau’s Pulse Survey shows that the portion of residents with rent delinquencies is up slightly since we last reported on this survey. For comparison, the NMHC rent...

Action on supply chain bottlenecks needed to boost housing affordability

The National Association of Home Builders (NAHB) called on Congress and the Biden administration to help ease building material supply chain bottlenecks that are harming housing affordability by removing trade barriers and seeking solutions to port congestion...
video

NAHB Power Hitters with Bill McLaughlin

 Yield PRO TV presents NAHB Power Hitters. Host Linda Hoffman talks with Bill McLaughlin, EVP Development & Construction of Avalon Bay.
apartment construction

Multifamily housing construction activity slows

The Census Bureau’s new residential construction report for September showed lower multifamily housing construction activity than in recent months. Multifamily housing permits issuance declines The number of permits issued for buildings with 5 or more units...
multifamily starts

Multifamily housing starts up in Fannie Mae forecast

Compared with earlier forecasts, Fannie Mae’s October economic and housing forecasts call for higher multifamily housing starts over the next 6 months while also anticipating lower GDP growth and higher inflation. Housing: less single-family, more...
steel prices

Construction materials price rises pause in September

The Bureau of Labor Statistics (BLS) released its producer price index (PPI) report for September 2021. It showed that construction components and materials prices were down 0.2 percent in the month, seasonally adjusted. However,...
rent growth

Rents move higher in September

The latest rent reports from Yardi Matrix and Apartment List show strongly positive rent growth for the country as-a-whole in September. Rents up across the board Yardi Matrix reported that the national average apartment rent rose...
job openings

Job openings remain elevated in August

The Bureau of Labor Statistics (BLS) recently released the Job Openings and Labor Turnover (JOLT) report for August. It reported that the number of job openings fell slightly but remained at a high level. Evaluating...
construction employment

Multifamily jobs markets see gains in September

The latest Employment Situation Report from the Bureau of Labor Statistics stated that  both residential construction jobs and apartment operations jobs were up for the month. Total employment grows slowly for the month The BLS reported...

Rent Payment Tracker: October payments down slightly

The National Multifamily Housing Council (NMHC)’s Rent Payment Tracker found 78.4 percent of apartment households made a full or partial rent payment by October 6 in its survey of 11.8 million units of professionally...

NAA analysis finds U.S. households spend 27 percent of income on rent

The National Apartment Association (NAA) has released new research analyzing rent-to-income percentages, which are based on professionally managed residential lease applications screened by TransUnion’s ResidentScreening platform. As the nation continues to grapple with housing...
multifamily pillars of the industry awards pillars awards

Pillars Awards application window closes soon

Since 1990, the National Association of Homebuilders (NAHB) has sponsored the Pillars of the Industry Awards to recognize excellence in apartment and condominium design and development, interior merchandising and superior property management and marketing....

NMHC and Entrata partner to release student housing benchmarks

NMHC and Entrata announced a new partnership to release key benchmarks on the student housing industry. National and regional (Midwest, Northeast, South, Southeast, West) data will be updated on a monthly basis with the...

HUD to issue rule protecting tenants facing evictions for non-payment of rent in HUD-assisted...

The U.S. Department of Housing and Urban Development (HUD) on Wednesday announced that it will publish a rule that prohibits the eviction of tenants facing eviction for nonpayment of rent from HUD-subsidized public housing...

Residential construction spending plateaus in August

The Census Bureau’s report on residential construction spending shows that the value of residential construction put in place in August was up 24 percent year-over-year but up only 0.4 percent month-over-month. Improvements lead growth The reported...
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