Tag: Blog

apartment prices fall for month

Multifamily property price rises stall

CoStar reported that its value-weighted index of multifamily property prices increased only 1.0 percent year-over-year in December 2022. The index was down 1.4 percent...
Joe biden white house

White House plans new renter protections

The White House recently announced a series of actions that executive branch agencies will take to improve renter protections and “fairness” in the rental...
declining rent growth

Yardi Matrix sees slower rent growth in 2023

Yardi Matrix now projects that the national average asking rent growth in 2023 will be 2.6 percent, down from their previous estimate of 3.1...
fair housing affh

HUD proposes new revisions to AFFH rules

On January 19, the Department of Housing and Urban Development (HUD) issued a press release stating its intent to once again amend the rules...

Recession coming, but later

Fannie Mae’s January economic and housing forecasts predict a stronger finish for multifamily starts in 2022 and a higher number of multifamily starts in...
falling property prices

Multifamily property prices again lead decline

The latest commercial property price report from MSCI Real Capital Analytics said that multifamily property prices fell 1.9 percent in December from their level...
multifamily housing construction

Multifamily housing permits rise but starts fall in December

The Census Bureau’s new residential construction report for December reported that the number of multifamily permits issued increased but that starts and completions both...
construction materials prices - power wire and cable

Construction materials prices move lower in December

The December producer price index (PPI) report from the Bureau of Labor Statistics (BLS) stated that construction materials prices fell 0.3 percent in the...
apartment demand

Apartment demand fell in 2022

RealPage’s Early Edition report for Q4 2022 sums up key apartment absorption measures for 2022 and looks ahead to what we can expect for...
rent delinquency

Rent delinquencies down slightly in Pulse Survey

The “Week 52” edition of the Census Bureau’s Pulse Survey shows that the portion of renters who are behind on their rent payments fell...

MBA forecasts a shrinking economy in 2023

The Mortgage Bankers’ Association (MBA) recently released its Q3 2022 quarterly databook. It contains data on mortgage originations and on holdings that has been...
senior housing

Senior housing occupancy up in Q4

An NIC Map Vision summary of the fundamentals of the senior housing industry reports that key metrics are still well below pre-pandemic levels, but...
rents fall

Rent growth falls in December

Yardi Matrix reported that national average apartment rent growth turned negative in December with rents falling $4 from November’s revised level to $1,715 per...
multifamily prperty prices fall

CoStar reports falling multifamily property prices

CoStar reported that its value-weighted index of multifamily property prices was down 1.4 percent month-over-month in November, the fifth monthly decline in a row....
job openings

Job openings remain high in November

The Job Openings and Labor Turnover (JOLT) report from the Bureau of Labor Statistics (BLS) said that the number of job openings at the...

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