Tag: Blog
Trepp sees NOI growth under pressure
A report from Trepp examined the operational and loan performance of multifamily properties in 19 Metropolitan Statistical Areas (MSAs) and found that year-over-year expense...
Investor share of single-family home purchases down in Q2
A new report from CoreLogic notes that the share of single-family homes purchased by investors fell from a high of 28 percent in February...
Multifamily mortgage originations outperform in Q2
A report from the Mortgage Bankers’ Association (MBA) says that originations of multifamily mortgages in Q2 were up 24 percent on a year-over-year basis,...
Fannie Mae revises GDP growth forecast lower again
Fannie Mae’s August economic and housing forecasts predict a recession in early 2023. The economic slowdown is expected to bring inflation under control by...
Emergency Rental Assistance update for June 2022
The latest report by the U.S. Department of the Treasury states that, as of the end of June, 83 percent of the $25 billion...
Pulse Survey shows renter delinquencies stabilizing
The “Week 48” edition of the Census Bureau’s Pulse Survey shows that the portion of renter who are behind on their rent payments has...
Multifamily housing construction is the bright spot in housing
The Census Bureau’s new residential construction report for July showed multifamily housing construction permits and completions were both strong but that starts fell for...
Rising prices impact renters
Freddie Mac recently conducted a 20 question survey of 2000 adult American consumers to assess how the current era of rapidly rising prices is...
Construction materials price rises moderate in July
The Bureau of Labor Statistics (BLS) released its producer price index (PPI) report for July 2022. It stated that construction materials prices were up...
Rental vacancy rate declines in Census report
The Census Bureau released its quarterly report on home ownership and occupancy for Q2 2022. It showed that the rental housing vacancy rate was...
Rent growth rate declines in July
Yardi Matrix reported that the national average apartment rent growth in July was $10, bringing the average rent to $1,717 per month. Rent growth rate...
Multifamily jobs reported higher in July
The latest Employment Situation Report from the Bureau of Labor Statistics stated that employment in both apartment operations jobs and residential construction jobs was...
Construction spending falls on single-family decline
The Census Bureau’s report on construction spending shows that the value of residential construction put in place in June was down 1.7 percent from...
Job openings down again in June
The Job Openings and Labor Turnover (JOLT) report from the Bureau of Labor Statistics (BLS) said that the number of job openings declined in...
Multifamily property prices up despite sales slowdown
CoStar reported that its value-weighted index of multifamily property prices increased 22.9 percent, year-over-year, in June 2022. This index was up 1.4 percent month-over-month....
