Job openings remain at high level in May
The Bureau of Labor Statistics (BLS) recently released the Job Openings and Labor Turnover (JOLT) report for May. Although last month’s report set a series record for the highest number of job opening, job...
Rents continue surge in June
The latest rent report from Apartment List shows strongly positive rent growth for the country as-a-whole. In addition, rents were up for the month in all of the 50 largest metro areas. Rents jump in...
Peter Ballon appointed as ULI’s new Global Chair
Peter Ballon, global head of real estate for CPP Investments, has been appointed as the new global chair of the Urban Land Institute (ULI). Ballon will serve on a voluntary basis for a two-year...
Residential construction spending rises
The Census Bureau’s report on construction spending shows that the value of residential construction put in place in May was up 0.2 percent from the revised level for April. Overall construction spending was up...
Multifamily jobs markets mixed again in June
The latest Employment Situation Report from the Bureau of Labor Statistics shows that jobs categories of interest to builders and operators of multifamily housing had a mixed performance in June. Total employment growth up for...
Power Hitters with Ziv Cohen
Yield PRO TV presents NAHB Power Hitters. Host Linda Hoffman talks with Ziv Cohen, Chief Investment Officer of The Resmark Companies. Transcript: NAHB Power Hitters interview. Linda Hoffman with Ziv Cohen, recorded June 17, 2021 (music) Linda...
Power Hitters with Neil Brown part 2
Yield PRO TV presents NAHB Power Hitters. Host Linda Hoffman talks with Neil T. Brown, CEO/Founder of ArchCo Residential LLC.
Supreme Court keeps CDC eviction moratorium in place
The U.S. Supreme Court has declined to act to set aside the CDC’s eviction ban. The ban is currently scheduled to expire July 31, 2021 but it has been repeatedly extended in the past...
CoStar reports steady rise in multifamily property prices
A recent report from CoStar indicates that the remarkably steady rise in multifamily property prices that has taken place over the last two years continued in May. CCRSI defined The CoStar report focuses on a relative...
HUD seeks to revive Obama-era disparate impact rule
On Friday June 25, the Department of Housing and Urban Development (HUD) announced that they have published a notice of proposed rulemaking (NPRM) on disparate impact entitled “Restoring HUD’s Discriminatory Effects Standard”. The objective of...
Absolute zero
Decades of underinvestment and underbuilding continue to deepen a national housing shortage decoupled from demand since the 1980s. This was recently underscored by a report released in June by the National Association of Realtors...
Only dead fish swim with the current
It’s a glorious day in the rental business. I would say apartments, but the industry has been transitioning—again—to include single-family rentals (Demand drives pricing and Blackstone buys SFR portfolio). Moving with the market is our...
Infographic: Down the rabbit hole
Getting to the bottom of an artificial labor market 3 million unemployed U.S. persons New jobless claims rise even after many states opt out of the feds’ unemployment program $300-a-week bonus unemployment benefits enacted...
Infographic: Where has all the housing gone?
No labor. No materials. Rising costs and more regulations. The lack of housing grows. 5 million more housing units needed to pace demand 5 million of these are multifamily units Housing production fell as demand...
