Tag: apartment supply
Builders gonna build
The global pandemic didn’t stop developers from planning new apartments projects—often in smaller, quickly growing metro areas. The boom in apartment construction that began...
Multifamily housing permit levels remain high in February
The Census Bureau released its monthly new residential construction report for February 2021. It reported that permits were strong, starts were moderate and completions...
Rate Desk Wednesday, July 22, 2020
July 22, 2020 edition of Yield PRO TV Rate Desk with Michael Thomas. Growing families drive home sales highlighting need for more 3BR units...
Multifamily faces a packed development pipeline
Apartment developers have not been shy about bringing new product to market in recent years. And early indications are that 2020 will be another...
Workforce rentals CRE’s ‘darling’
As the U.S. economy continues its longest-ever expansion, the labor market is making history, as well, with the lowest unemployment rate in 50 years....
New governor takes on California housing
Addressing the state’s problem with housing was a focus of both Gavin Newsom’s inaugural address as California’s governor and of his first state budget...
Why the U.S. rental market is increasing inequality
Following supply and demand, the increase in renters has come with an increase in rental prices. Those prices have eased a bit in the...
Apartment market weathers the storm of new supply
Apartment landlords can no longer raise rents like they used to. So many new apartment units are opening that the vacancy rate is inching...
Apartments dominate in naval air station redevelopment plan
Trammell Crow Residential and the city of Alameda, Calif. announced the first step of phase 1 of the redevelopment of Alameda Point. Thirty acres...
On-campus student housing sees expansion and modernization
Over the past couple of years, on-campus student housing has seen an overall expansion through initiatives to renovate existing facilities and expand a generally...
Apartment market tightens as housing costs jump
The average monthly rent in the third quarter was $1,073, up 1 percent from the prior quarter, the largest quarterly gain in a year,...
Key US housing markets vexed by lack of multifamily builds
The big question is whether enough new inventory will arrive in the near future to help alleviate some of the tightness in key markets...
Apartment demand to outpace supply
"While overall housing production is projected to be well below structural demand, apartment deliveries are on the rise and projected to increase over the...
Hitting the brakes
Hundreds of thousands of units are on the verge of being complete, prices in the housing market are improving and the economy is doing...
