Construction materials price changes continue mixed in December
The Bureau of Labor Statistics (BLS) released its producer price index report for December. It showed that overall prices for processed goods for intermediate demand fell by 0.9 percent from November. Prices for these...
Trends in multifamily housing design
Last week, Humphreys and Partners, Architects (H&P) held their kick-off webinar for 2019. It included presentations on the state of the market by Doug Bibby of NMHC and Carl Whitaker of RealPage. It also...
Freddie Mac’s AIMI falls in Q3
The Federal Home Loan Mortgage Corporation (Freddie Mac) recently released its Apartment Market Investment Index (AIMI) for Q3, 2018. It showed a decrease in the attractiveness of investing in the multifamily property market. The market...
Mixed picture for multifamily jobs market
The Job Openings and Labor Turnover (JOLT) report for November was released by the Bureau of Labor Statistics (BLS) Tuesday. Its data on the parts of the job market of interest to the multifamily...
Reports show continuing rent growth
Yardi Matrix and RealPage have issued their year-end reports on the multifamily housing market. The reports paint similar pictures of a market with rent growth higher than the general rate of inflation and occupancy...
Multifamily investment forecast for 2019
On November 28, Marcus and Millichap presented their 2019 Multifamily Investment Forecast webinar. It was hosted by John Sebree and John Chang of Marcus and Millichap and featured industry representatives Fred Leeds and Eric...
Multifamily housing construction data reported
The Census Bureau released its monthly new residential construction report for October, 2018. The report shows a softening in multifamily housing construction. Permits are weak Nationally, permits for buildings with 5 or more units were unchanged...
Moderate rent growth reported for October
The Yardi Matrix Monthly Multifamily report for October was released recently. It concluded that recent rent growth has been strong in a few markets, but only moderate for the nation as a whole. Yardi Matrix...
Prices for construction materials mixed in October
The Bureau of Labor Statistics (BLS) released its producer price index report for October. It showed that overall prices for processed goods for intermediate demand were up by 0.8 percent from September after two...
Multifamily jobs markets show strength
The Job Openings and Labor Turnover (JOLT) report for September was released by the Bureau of Labor Statistics (BLS) Tuesday. Its data on the parts of the job market of interest to the multifamily...
NAHB announces finalists for apartment and condo awards
Roof deck pools and lounges, stunning views, a focus on health and fitness and a friendly welcome for pets are some of the features that millennials and 55+ down-sizers are looking for in a multifamily community. The...
Could a voter coalition of renters swing the midterms?
Congressional midterm elections are just a little over a week away, and their outcomes will significantly impact the ability of the Trump administration to implement its agenda in the years to come. Results will...
Miami apartment owners can seek punitive damages in Airbnb suit
Airbnb Inc. will face a punitive damages claim in a Florida state court suit alleging the home-sharing platform supports and encourages unauthorized short-term rentals, as the judge ruled that an owner of several Miami-area...
Tracking rental cost burden
A recent report by the website, apartmentlist.com, contains good news and bad news on the affordability of rental housing. The bad news is that many renters are rental cost burdened. The good news is...
Realpage presents apartment market update
On October 23, Realpage presented its fall market update webcast. They reported that the market-rate apartment market performed better than expected in the third quarter of the year. Here are highlights from the report: Occupancy Occupancy...
