JCHS releases The State of the Nation’s Housing report
The Joint Center for Housing Studies of Harvard University has released the 2021 edition of its report chronicling the issues surrounding housing in the United States. The report brings together data from a wide...
CDC extends eviction moratorium
Dr. Rochelle Walensky, the Director of the Centers for Disease Control (CDC), has extended the agency’s eviction moratorium until July 31, 2021. The agency says that this extension is intended to be the last.
The...
RCLCO talks single family rentals
RCLCO discussed single family rentals (SFR) and build for rental (BFR) properties in conjunction with their monthly round-up webinar. The presentation was a good introduction to the reasons this market has been drawing a...
GSEs remain dominant holder of multifamily mortgage debt in Q1 2021
A Mortgage Bankers Association (MBA) report on multifamily and commercial mortgage debt shows that the GSEs accounted for 80 percent of the increase in multifamily mortgage debt outstanding in Q1. While still high, this...
Forecasts say higher inflation is coming
A pair of forecasts, one from Fannie Mae and one from the Federal Reserve anticipate that a period of significantly higher inflation than had been predicted in earlier forecasts may be on the way.
Fannie...
Census reports solid multifamily housing construction results
The Census Bureau released its monthly new residential construction report for May 2021. It stated that some results were down from those in recent reports, but they were still strong compared to historical levels.
Multifamily...
Strong rent growth reported for May
The latest rent report from Yardi Matrix shows record rent growth for the country as-a-whole in May.
Rents up sharply
Yardi Matrix reported that the national average apartment rent rose $12 in May to $1,428 per...
Construction materials prices higher in May
The Bureau of Labor Statistics (BLS) released its producer price index report for May 2021. It showed that construction materials prices were up 3.9 percent in the month, seasonally adjusted. The index was 17.3...
HUD to revise AFFH rules – again
On June 10, the Department of Housing and Urban Development (HUD) published an interim final rule regarding HUD's affirmatively furthering fair housing (AFFH) regulations. The rule reinstates requirements that had been imposed by the...
Job openings set a record in April
The Bureau of Labor Statistics (BLS) recently released the Job Openings and Labor Turnover (JOLT) report for April. In addition to setting a series record for the highest number of job opening, this report also saw...
Multifamily jobs markets mixed in May
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 May.
Total employment growth picks up
The...
Court keeps CDC eviction moratorium in place
On June 2, a ruling by a three judge panel of the U.S. Court of Appeals for the D.C. Circuit effectively kept the Centers for Disease Control’s (CDC) nationwide eviction moratorium in place despite...
CoStar reports rising multifamily property prices
A recent report from CoStar indicates that multifamily property prices are maintaining steady growth on a year-over-year basis.
Defining the indices
The CoStar report focuses on a relative measure of property prices called the CoStar Commercial...
Residential construction spending rises in April
The Census Bureau’s report on construction spending shows that spending on residential construction put in place in April was up 1.0 percent from the revised level for March. Overall construction spending was up 0.2...
Rent growth surges in May
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 surge higher...
