Tag: apartment construction
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...
Multifamily construction activity falls back in March
The Census Bureau’s new residential construction report for March stated that the number of multifamily permits issued, starts and completions all fell from last...
Multifamily construction activity surges in February
The Census Bureau’s new residential construction report for February reported that the number of multifamily permits, starts and completions were all up significantly for...
Multifamily housing starts fall despite rise in permits
The Census Bureau’s new residential construction report for January reported that the number of multifamily permits issued increased but that starts and completions both...
Multifamily housing permits rise but starts fall in December
The Census Bureau’s new residential construction report for December reported that the number of multifamily permits issued increased but that starts and completions both...
