Tag: Blog
Census reports on rental vacancy rates
The Census Bureau released its quarterly report on home ownership and occupancy. It showed that the rental housing vacancy rate fell from 6.9 percent...
RCA: Multifamily property prices up
A report from Real Capital Analytics (RCA) said that multifamily property prices rose 12 percent in the year to June, topping the rates of...
California spends big on housing
Governor Newsom of California recently signed AB 140 into law. This bill is a trailer to the 2021-21 California State Budget and funds ambitious...
Fannie Mae lowers near-term GDP growth forecast
Fannie Mae’s July economic and housing forecast projects a flattening of the GDP growth curve in 2021, with lower growth in Q2 but higher...
Multifamily housing construction strong in June
The Census Bureau released its monthly new residential construction report for June 2021. It reported that some multifamily housing construction results were down from...
Surging rent growth reported for June
The latest rent report from Yardi Matrix shows accelerating rent growth for the country as-a-whole in June, with SFR rents outpacing those of multifamily. Rents...
Construction materials prices rises spread
The Bureau of Labor Statistics (BLS) released its producer price index report for June 2021. It showed that construction materials prices were up 3.2...
Rent delinquencies show uptick in June Pulse survey
The week 33 release of the Census Bureau’s Pulse Survey shows that the portion of renters who are behind on their rent payments is...
Rent Tracker finds lower rent payment rate in early July
NMHC reported that 76.5 percent of renters had made at least a partial rent payment for the month of July by the 6th of...
Job openings remain at high level in May
The Bureau of Labor Statistics (BLS) recently released the Job Openings and Labor Turnover (JOLT) report for May. Although last month’s report set a...
Rents continue surge in June
The latest rent report from Apartment List shows strongly positive rent growth for the country as-a-whole. In addition, rents were up for the month...
Residential construction spending rises
The Census Bureau’s report on construction spending shows that the value of residential construction put in place in May was up 0.2 percent from...
Multifamily jobs markets mixed again in June
The latest Employment Situation Report from the Bureau of Labor Statistics shows that jobs categories of interest to builders and operators of multifamily housing...
Supreme Court keeps CDC eviction moratorium in place
The U.S. Supreme Court has declined to act to set aside the CDC’s eviction ban. The ban is currently scheduled to expire July 31,...
CoStar reports steady rise in multifamily property prices
A recent report from CoStar indicates that the remarkably steady rise in multifamily property prices that has taken place over the last two years...
