Yardi Matrix reports on rent growth
Yardi Matrix released its January 2020 report on the multifamily housing market. The report shows that the fundamentals of the market remain strong but that new deliveries have caused occupancy levels to soften somewhat. Rents...
Construction materials prices up moderately in January
The Bureau of Labor Statistics (BLS) released its producer price index report for January 2020. It showed that overall prices for processed goods for intermediate demand fell by 0.3 percent in the month after...
Census releases multifamily housing construction data for January 2020
The Census Bureau released its monthly new residential construction report for January 2020. It shows continued strength for multifamily housing construction. Permits make a comeback The number of permits issued for buildings with 5 or more units...
A defeat for transit oriented development
When we last discussed the fate of California’s housing bill, SB50, it was being put in suspense with the idea that it would be brought up again later. Well, later has arrived and the...
NAHB recognizes top firms in multifamily
At the International Builder’s Show in Las Vegas, the National Association of Homebuilders (NAHB) presented their Pillars of the Industry awards which recognize firms and communities representing the best in multifamily development, marketing and...
Census releases multifamily housing construction data for December 2019
The Census Bureau released its monthly new residential construction report for December 2019. Permits for multifamily units were down slightly from their recent torrid pace while starts surged and completions also ticked upward from...
Construction materials prices rise moderately
The Bureau of Labor Statistics (BLS) released its producer price index report for December 2019. It showed that overall prices for processed goods for intermediate demand rose by 0.1 percent in the month. However,...
Census releases multifamily housing construction data for October 2019
The Census Bureau released its monthly new residential construction report for October 2019. The report showed a continued surge in the number of building permits issued. Starts were also strong but completions lag for...
Yardi Matrix reports on October rent growth
Yardi Matrix released its October report on the multifamily housing market. The report shows that the fundamentals of the market remain strong. Rents show seasonal pattern of increase The report showed that the nationwide average rent...
Setback in Seattle
The Washington State Supreme Court has ruled in favor of the City of Seattle and against property owners who challenged two laws intended to address unconscious bias on the part of landlords. The laws...
Philadelphia passes right to counsel law
On Thursday, November 14, the Philadelphia City Council passed bill 190386 giving low-income residents the right to be represented by an attorney paid for by the city in the event that they are facing...
Construction materials price rises moderate
The Bureau of Labor Statistics (BLS) released its producer price index report for September 2019. It showed that overall prices for processed goods for intermediate demand fell by 0.4 percent in the month. The...
Construction materials prices rise modestly
The Bureau of Labor Statistics (BLS) released its producer price index report for August 2019. It showed that overall prices for processed goods for intermediate demand fell by 0.7 percent in the month largely...
Census releases multifamily housing construction data for July 2019
The Census Bureau released its monthly new residential construction report for July 2019. The report was mixed with some strength in the number of building permits issued but with weakness in multifamily housing construction...
Yardi Matrix reports steady rent growth
Yardi Matrix released its July report on the multifamily housing market. The report shows that the fundamentals of the market remain strong. Rents show continued steady increase When we last checked in with Yardi Matrix in...
