Tag: Blog
Costar says multifamily property prices down for second month
CoStar reported that its value-weighted index of multifamily property prices fell 1.4 percent month-over-month in August after a revised fall of 0.5 percent the...
Streamlining inspections of affordable housing in California
The California State Legislature recently passed, and Governor Newsom signed, AB 2006, a bill to eliminate duplication in the inspection of affordable housing projects...
Rents fall in September
The latest rent report from Apartment List shows that the national average rent growth turned negative in September. Rents fell 0.2 percent month-over-month but...
Rate of multifamily property price growth continues to fall
The latest commercial property price report from MSCI Real Capital Analytics said that multifamily property prices rose 17.1 percent year-over-year in August and that...
Multifamily mortgage debt rises in Q2 despite cuts
A Mortgage Bankers Association (MBA) report on commercial and multifamily mortgage debt holdings in Q2 2022 shows that banks and thrifts had the largest...
Rising rates drive Fannie and Fed forecasts
The latest forecasts from Fannie Mae and from the Federal Reserve relate the impact that the rapid rise in interest rates is expected to...
BLS looks at housing leases
In October 2020, the Bureau of Labor Statistics (BLS) added two questions about housing leases to the survey used to determine the consumer price...
Multifamily housing construction permits fall while starts rise
The Census Bureau’s new residential construction report for August was the reverse of last month’s report with multifamily housing construction permits and completions falling...
IRR updates its Viewpoint
Intergra Realty Resources (IRR) released its 2022 Mid-Year Viewpoint Summary, an update to its annual Viewpoint report. Unlike the year-end report, the update does...
Assisted living occupancy rebounds
NIC MAP Vision, a market analytics company for the senior housing industry, released a mid-quarter analysis showing that occupancy in the assisted living market...
Construction materials price gains accelerate
The August producer price index (PPI) report from the Bureau of Labor Statistics (BLS) stated that construction materials prices were up 0.4 percent in...
BLS releases 10-year employment growth projections
The Bureau of Labor Statistics (BLS) recently released its projections for employment growth in the period from 2021 to 2031. The projections encompass growth...
Annual rent growth rate falls as rents decline
Yardi Matrix reported that the national average year=over-year apartment rent growth in August was $10, bringing the average rent to $1,718 per month. However,...
CoStar reports multifamily property prices fall in July
CoStar reported that its value-weighted index of multifamily property prices increased 17.7 percent year-over-year in July 2022. The index fell 1.1 percent month-over-month. The combined...
Mixed employment report in August
The latest Employment Situation Report from the Bureau of Labor Statistics said that employment in residential construction jobs was higher than in the prior...
