Tag: Blog
Multifamily construction spending inches higher in June
The Census Bureau’s report on construction spending stated that the value of multifamily residential construction put in place in June rose slightly from the...
Property manager jobs increase despite weak employment growth overall
The Employment Situation Report from the Bureau of Labor Statistics (BLS) stated employment grew in July, but this was aided by significant downward revisions...
BREEAM: a British import to consider
I was born in California but now reside in Texas. It makes me happy to tell people, “What happens in California doesn’t STAY in...
Senate Banking Committee advances ROAD to Housing Act
On July 29, the Senate Committee on Banking, Housing, and Urban Affairs voted 24-0 vote to advance the Renewing Opportunity in the American Dream...
National median rent nearly unchanged in July
The latest rent report from Apartment List shows that the national median monthly rent growth in July was 0.03 percent. Rents have now risen...
Job openings lower in June after May bump
The Job Openings and Labor Turnover (JOLT) report from the Bureau of Labor Statistics (BLS) said that the number of total non-farm job openings...
CoStar: multifamily property prices unchanged for the month
CoStar reported that its value-weighted index of multifamily property prices was unchanged month-over-month in June. This index was up 4.3 percent year-over-year.
MSCI Real Capital...
Share of renter households rises in Q2
The Census Bureau’s quarterly report on home ownership and occupancy for Q2 2025 stated that the rental housing vacancy rate was 7.0 percent, down...
Multifamily starts forecasts revised lower
Revisions to Fannie Mae’s July housing forecast reduce the number of multifamily starts expected in 2025 and 2026 from those in last month’s forecast....
MSCI: Multifamily property prices break their fall in June
The latest commercial property price report from MSCI Real Capital Analytics said that multifamily property prices were unchanged in June compared to the revised...
Congress considers the future of the HOME program
The HOME Investment Partnerships Program, the largest federal block grant dedicated to affordable housing, is at the center of an intense funding battle for...
Multifamily starts recover while completions plunge in June
The Census Bureau’s report on new residential construction stated that multifamily permits rose slightly in June. Multifamily starts recovered most of last month’s fall...
Construction materials prices higher despite lumber price decline
The producer price index (PPI) report from the Bureau of Labor Statistics (BLS) stated that construction materials prices rose 0.3 percent month-over-month in June...
Yardi Matrix: Rents continue slow rise in June
Yardi Matrix reported that the national average asking apartment rent was up $3 in June compared to the revised level of the month before at...
With cash infusion, Entrata pursues AI opportunities
When Dave Bateman and Johnny Hanna submitted their business plan to a competition at BYU-Idaho in 2003, they had no idea their startup would...
