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...
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...