Things to watch, what to know, in your apartment operation
Tag: Apartment Watch
New home sales inch higher in December but market weakness remains
While new home sales posted a modest gain in December, elevated mortgage rates and higher construction costs continue to hinder housing affordability and put...
Industry associations response to White House Renters Plan
NAHB Chairman Jerry Konter Jerry Konter, chairman of the National Association of Home Builders (NAHB) and a home builder and developer from Savannah, Ga., issued...
Housing groups file legal challenge to new WOTUS rule
NMHC joined 16 other housing groups, infrastructure and agricultural organizations, among others, in filing suit yesterday to challenge the recently released Waters of the U.S....
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...
Remodeling market sentiment weakened in fourth quarter but remains positive
The National Association of Home Builders (NAHB) released its NAHB/Westlake Royal Remodeling Market Index (RMI) for the fourth quarter, posting a reading of 66,...
Construction materials prices move lower in December
The December producer price index (PPI) report from the Bureau of Labor Statistics (BLS) stated that construction materials prices fell 0.3 percent in the...
Rents and transactions continue to fall
Apartment market conditions weakened in the National Multifamily Housing Council’s (NMHC) Quarterly Survey of Apartment Market Conditions for January 2023, as the Market Tightness...
Builder confidence uptick signals turning point for housing lies ahead
A modest drop in interest rates helped to end a string of 12 straight monthly declines in builder confidence levels, although sentiment remains in...
Student-housing sees record-shattering transaction volume at 2022 year-end
Student housing has set an all-time high in transaction volume for 2022 with an annualized total of $18.9 billion, significantly surpassing the previous year-end...
Apartment demand fell in 2022
RealPage’s Early Edition report for Q4 2022 sums up key apartment absorption measures for 2022 and looks ahead to what we can expect for...
Senior housing occupancy up in Q4
An NIC Map Vision summary of the fundamentals of the senior housing industry reports that key metrics are still well below pre-pandemic levels, but...
Rent growth falls in December
Yardi Matrix reported that national average apartment rent growth turned negative in December with rents falling $4 from November’s revised level to $1,715 per...
CoStar reports falling multifamily property prices
CoStar reported that its value-weighted index of multifamily property prices was down 1.4 percent month-over-month in November, the fifth monthly decline in a row....
Job openings remain high in November
The Job Openings and Labor Turnover (JOLT) report from the Bureau of Labor Statistics (BLS) said that the number of job openings at the...
New EPA rules will discourage critically needed housing production
The National Apartment Association and the National Multifamily Housing Council express their disappointment in a regulation the EPA issued re-defining and expanding what “waters of...
