Thursday, November 21, 2024

Power Pros

multifamily housing construction including permits, stats and completions

Mixed month for multifamily housing construction

The Census Bureau’s new residential construction report for April showed multifamily permits were lower, starts rebounded higher and completions remained about the same. Note that, with this report, the Census Bureau has revised its seasonal...

SFR rent growth rate continues to trend lower

CoreLogic reported that their single-family rent index (SFRI) for August rose 2.4 percent from its year-earlier level. This is down 0.4 percentage points from last month’s reported year-over-year rent growth rate and is down...
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