Things to watch, what to know, in your apartment operation
Tag: Apartment Watch
Residential construction spending down in July
The Census Bureau’s report on construction spending shows that the value of residential construction put in place in July was down 1.5 percent from...
Blackstone suspends 38 metros in downturn
Home Partners of America (HPA), a single-family rental (SFR) business, will stop all property acquisitions in Boise, Reno, Spokane, Fresno, Memphis and 33 other...
CBRE looks at cap rate trends
CBRE released its semiannual cap rate survey for H1 2022. It found that investors expect cap rates to expand in light of rising interest...
Rent growth rate trending lower
The latest rent report from Apartment List shows that the national average rent growth rate fell in August. Rent growth was 0.5 percent month-over-month...
Job openings rebound in July
The Job Openings and Labor Turnover (JOLT) report from the Bureau of Labor Statistics (BLS) said that the number of job openings rose in...
Multifamily property prices rise at high but declining rate
The latest commercial property price report from MSCI (formerly Real Capital Analytics) said that multifamily property prices rose 20.9 percent year-over-year in July and...
Trepp sees NOI growth under pressure
A report from Trepp examined the operational and loan performance of multifamily properties in 19 Metropolitan Statistical Areas (MSAs) and found that year-over-year expense...
Investor share of single-family home purchases down in Q2
A new report from CoreLogic notes that the share of single-family homes purchased by investors fell from a high of 28 percent in February...
Multifamily mortgage originations outperform in Q2
A report from the Mortgage Bankers’ Association (MBA) says that originations of multifamily mortgages in Q2 were up 24 percent on a year-over-year basis,...
Fannie Mae revises GDP growth forecast lower again
Fannie Mae’s August economic and housing forecasts predict a recession in early 2023. The economic slowdown is expected to bring inflation under control by...
Multifamily sector shows signs of caution in the second quarter
Confidence in the market for new multifamily housing was mixed in the second quarter of 2022, according to results from the Multifamily Market Survey...
Emergency Rental Assistance update for June 2022
The latest report by the U.S. Department of the Treasury states that, as of the end of June, 83 percent of the $25 billion...
Pulse Survey shows renter delinquencies stabilizing
The “Week 48” edition of the Census Bureau’s Pulse Survey shows that the portion of renter who are behind on their rent payments has...
Multifamily housing construction is the bright spot in housing
The Census Bureau’s new residential construction report for July showed multifamily housing construction permits and completions were both strong but that starts fell for...
Housing starts weaken in July as market slowdown continues
A sharp decline in single-family home construction is another indicator that the housing slowdown is showing no signs of abating, as rising construction costs,...
