Tag: apartment construction
Developers expect further decline in apartment starts, survey suggests
Apartment developers expect a further decline in apartment starts over the next 12 months, after already falling more than 40 percent this year, suggests...
Multifamily construction spending up from last month’s report
The Census Bureau’s report on construction spending said that the value of multifamily residential construction put in place in September was down 0.2 percent...
RealPage compares markets by strength of lease-up absorption
Comparing markets by strength of apartment lease-up absorption sheds light on market-adjusted demand.
Jay Parsons, RealPage SFV and chief economist, warned earlier this...
Partial recovery in multifamily construction starts in September
The Census Bureau’s new residential construction report for September stated that the number of multifamily construction starts and unit completions were up from the...
Class B rents soften, drive renter flight to quality
The recent flood of new multifamily deliveries is softening Class B rents in submarkets with high supply more than any other asset...
Soaring supply flattens rents while demand normalizes
The balance of power in the apartment market has finally shifted, giving renters a lot more options, suggests a Q3 market report...
Multifamily construction spending on the rise
The Census Bureau’s report on construction spending said that the value of multifamily residential construction put in place in August was up 0.6 percent...
Fannie Mae examines multifamily construction pipeline
The multifamily commentary that accompanied Fannie Mae’s monthly forecast for August reported on the number of units in the multifamily construction pipeline. In doing...
July multifamily construction completions down sharply
The Census Bureau’s new residential construction report for July stated that the number of multifamily permits issued, starts and unit completions were all down...
More new apartments coming
Yardi Matrix released an updated multifamily supply forecast which predicts more new apartments completing in 2023, 2024 and 2025 than did earlier forecasts. However,...
Big drop in June multifamily construction starts
The Census Bureau’s new residential construction report for June stated that the number of multifamily permits issued, starts and unit completions were all down...
Construction materials prices flat in June
The producer price index (PPI) report from the Bureau of Labor Statistics (BLS) stated that construction materials prices were unchanged month-over-month in June, seasonally...
Single-family construction spending shows signs of life
The Census Bureau’s report on construction spending said that the value of multifamily residential construction put in place in May was down 0.1 percent...
Multifamily construction has a great month
The Census Bureau’s new residential construction report for May stated that the number of multifamily permits issued, starts and unit completions were all up...
Multifamily construction permits and completions fall
The Census Bureau’s new residential construction report for April stated that the number of multifamily construction permits issued and unit completions were down for...