Cochrane on housing policy
John Cochrane, an economist at the Hoover Institution, was recently interviewed on the subject of housing, how we broke it and how it might be fixed through better housing policies. This blog summarizes his...
CBRE on COVID-19 impact
On March 18, CBRE held a flash briefing on the potential impact of the COVID-19 virus. This blog provides highlights from that briefing that address multifamily housing.
COVID-19 impact on the economy
The call was led...
MBA reports on multifamily mortgage debt
The Mortgage Bankers Association (MBA) recently issued their report on Q4 2019 debt outstanding on commercial property. This article summarizes the part of the report dealing with multifamily property debt.
Measuring total multifamily mortgage debt
Total...
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...
