Tag: Blog
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...
Fannie and Fed furnish falling forecasts
The latest forecasts from Fannie Mae and from the Federal Reserve foresee higher inflation than in earlier forecasts. They predict that rising interest rates...
Multifamily housing construction starts plunge in May
The Census Bureau’s new residential construction report for May showed softening in multifamily permit issuance and a drop in unit starts. Unit completions rose...
What drives rent growth?
A new report from Yardi Matrix seeks to answer this question and to examine how the factors driving rent growth have changed since the...
Construction materials prices continue to surge
The Bureau of Labor Statistics (BLS) released its producer price index report for May 2022. It stated that construction materials prices were up 1.1...
Apartment List reports on apartment vacancy rates
In its inaugural report on apartment vacancy rates, Apartment List states that the national average rate rose to 4.95 percent in May. This is up...
Solid rent growth reported by Yardi Matrix
Yardi Matrix reported that the national average apartment rent growth was $19 in May, bringing the average rent to $1,680 per month. Rent growth rate...
Multifamily jobs numbers continue to improve
The latest Employment Situation Report from the Bureau of Labor Statistics stated that employment in both categories of residential construction jobs and in one...
Residential construction spending higher in April
The Census Bureau’s report on construction spending shows that residential construction spending in April was up 0.9 percent from the revised level of the...
CoStar reports multifamily property prices move higher
CoStar reported that multifamily property prices rose in April after slight declines in each of the 2 previous months. CCRSI defined The CoStar report focuses on...
