Tag: Blog
Construction materials prices higher despite lumber price drop
The Bureau of Labor Statistics (BLS) released its producer price index report for June 2022. It stated that construction materials prices were up 0.3...
Inflation puts multifamily wages under pressure
The wage data the Bureau of Labor Statistics (BLS) released along with its employment situation report show that hourly wage growth for three categories...
MBA looks ahead
The Mortgage Bankers’ Association (MBA) recently released its Q1 2022 quarterly databook. It contains some data that they had previously released but it also...
Mixed report on multifamily jobs in June
The latest Employment Situation Report from the Bureau of Labor Statistics stated that employment in apartment operations jobs grew during the month while residential...
Recovery in senior housing continues in Q2
An NIC Map Vision brief on the state of the senior housing industry reports that its fundamentals are slowly improving after the loss in...
Eric Adams addresses housing
The administration of Mayor Eric Adams recently released a plan to address housing issues in New York City . It is called “Housing Our...
Job openings down slightly in May
The Job Openings and Labor Turnover (JOLT) report from the Bureau of Labor Statistics (BLS) said that the number of job openings declined in...
CoStar reports multifamily property prices higher
CoStar reported that its value-weighted index of multifamily property prices increased 21.6 percent, year-over-year, in May 2022. This index was up 1.4 percent month-over-month. The...
Multifamily construction spending stalls in May
The Census Bureau’s latest report on construction spending shows that the value of residential construction put in place in May was up 0.2 percent...
The future of bureaucratic rule: West Virginia v. EPA
Who should make policy? The U.S. Supreme Court just answered that question in a decision with far reaching implications for the apartment industry. The...
Rent growth continues apace in June
The latest rent report from Apartment List shows that the national average apartment rent rose in June, increasing 1.3 percent month-over-month and 14.1 percent...
How are SFR residents different?
A presentation at the National Apartment Association’s (NAA) Apartmentalize conference last week in San Diego discussed the differences between the single-family and multifamily rental...
Multifamily property prices continue their rise
A new report from MSCI said that multifamily property prices rose 23.3 percent year-over-year in May and that they rose 1.5 percent from the...
Biden Administration delivers plan to remedy housing shortage
The Biden administration recently announced its plan to solve the nation’s housing shortage, which includes creating more affordable housing. The 13-page Housing Supply Action...
Multifamily mortgage debt outstanding rises in Q1
A Mortgage Bankers Association (MBA) report on commercial and multifamily mortgage debt shows that banks and thrifts again had the largest net increase in...
