Tag: Blog
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...
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...
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 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...
Rents fall in December
The latest rent report from Apartment List shows that the national average rent growth in December remained negative for the fourth consecutive month. Rents...
Multifamily property prices lead decline
The latest commercial property price report from MSCI Real Capital Analytics said that multifamily property prices fell 1.1 percent in November from their level...
Multifamily construction starts continue to outpace completions
The Census Bureau’s new residential construction report for November stated that the number of multifamily construction permits issued was down from its recent very...
Fannie Mae lowers multifamily housing starts forecast
Fannie Mae’s December economic and housing forecasts predict a larger decline in multifamily housing starts over the next two years than in earlier forecasts....
Stop Wall Street Landlords Act introduced
Three California Democrats have introduced Federal legislation intended to discourage corporate ownership of single-family rental housing by changing tax law to make such ownership...
Fed forecasts higher interest rates, slower growth ahead
While the big news coming out of the recent meeting of the Federal Open Market Committee (FOMC) was their decision to raise the Fed...
Banks increase holdings of multifamily mortgage debt in Q3
A Mortgage Bankers Association (MBA) report on commercial and multifamily mortgage debt holdings shows that banks and thrifts again had by far the largest...
Rent growth turns negative in November
Yardi Matrix reported that national average apartment rent growth turned negative in November with rents falling $9 from October’s revised level to $1,719 per...
Construction materials prices continue to fall
The November producer price index (PPI) report from the Bureau of Labor Statistics (BLS) stated that construction materials prices fell 0.2 percent in the...
Yardi Matrix updates rent growth forecast
A research brief from Yardi Matrix projects that the national average asking rent growth in 2022 will reach 7.6 percent, up from their previous...
Commercial property loan delinquencies under watch
A pair of reports, one from Trepp and one from the Mortgage Bankers Association (MBA) show that delinquency rates for commercial mortgages are generally...
