Biden on multifamily housing
Given that Joe Biden is now the odds-on favorite to become the presidential nominee of the Democratic Party, it may time to take a closer look at his plans for housing. This article focuses...
Census releases multifamily housing construction data for February 2020
The Census Bureau released its monthly new residential construction report for February 2020. It presents a mixed picture for multifamily housing construction with areas of both strength and weakness.
Permits decline
The number of permits issued...
BLS reports modest change in construction material prices
The Bureau of Labor Statistics (BLS) released its producer price index report for February 2020. It showed that overall prices for processed goods for intermediate demand fell by 0.9 percent, the second monthly drop...
Apartment List reports on rent growth
Apartment List has released its report describing rent changes through February, 2020. The report finds a slower rate of rent growth and lower average rent levels than those described by other sources.
Defining the market
Apartment...
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...
