Tag: Blog
Multifamily CMBS delinquency rate moves lower
Trepp reported that the delinquency rate for multifamily commercial mortgage-backed securities (CMBS) retreated in September after last month’s surge. The overall CMBS delinquency rate...
JOLT report shows slow job growth despite higher openings
The Job Openings and Labor Turnover (JOLT) report from the Bureau of Labor Statistics (BLS) said that the number of total non-farm job openings...
Rent growth negative in September
The latest rent report from Apartment List shows that national median rent fell in September with month-over-month rent growth of -0.42 percent. As it...
CoStar: multifamily property prices continue to decline in August
CoStar reported that its value-weighted index of multifamily property prices fell month-over-month in August, dropping 1.31 percent, its sixth consecutive monthly decline. However, CoStar...
MSCI: Multifamily property prices unchanged despite overall price rise
The latest commercial property price report from MSCI Real Capital Analytics said that multifamily property prices were effectively unchanged in August compared to the...
Life insurers raise holdings of multifamily mortgage debt in Q2
The Mortgage Bankers Association (MBA) reported that multifamily mortgage debt outstanding rose by $27.70 billion in Q2 from the revised level of the quarter...
Multifamily starts forecasts revised higher again
Revisions to Fannie Mae’s September housing forecast raise the number of multifamily starts expected in 2025 and 2026 from those in last month’s forecast....
Fed lowers benchmark interest rate
The economic projections released by the Federal Open Market Committee (FOMC) after this week’s meeting indicate that they expect higher GDP growth ahead than...
Multifamily starts lower but completions surge in August
The Census Bureau’s report on new residential construction stated that multifamily permits fell again in August. Multifamily starts were down sharply from the high...
Multifamily CMBS special servicing rate higher in August despite overall drop
Trepp reported that the special servicing rate for multifamily commercial mortgage-backed securities (CMBS) loans rose in August, although it remains below its level of...
Commercial mortgage delinquency rates continue higher
The Mortgage Bankers Association (MBA) reported that delinquency rates rose in Q2 for commercial and multifamily mortgages issued by 4 of the 5 classes...
The shifting landscape of rental housing: Single-family rentals vs. multifamily
For decades, when we thought of "rental housing," our minds went straight to apartment complexes. Towering buildings with dozens or even hundreds of units,...
Construction materials prices rise as steel rolls higher
The producer price index (PPI) report from the Bureau of Labor Statistics (BLS) stated that construction materials prices rose 0.3 percent month-over-month in August...
Biennial online renter study shows evolving renter behavior
The multifamily housing industry is witnessing a fundamental shift in how prospective renters discover, evaluate, and choose their living spaces. The 2025 Biennial Online...
Smaller metros increase share of multifamily permits in Q2
The National Association of Home Builders (NAHB) recently released its Home Builders Geography Index (HBGI) report for Q2 2025. It does not look at...
