Tag: Blog

rental vacancy rate

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...
apartment prices

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 housing affordability

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 forecast

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...
apartment construction site

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...
phoenix rent growth leader

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...
lumber prices

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 delinquency survey

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 payment

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...
construction jobs

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...
rent growth

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

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...
jobs market

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 cdc eviction moratorium

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,...
multifamily property prices

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...

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