Tag: Blog
Job openings remain high in April
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 rise at near-record pace
A new report from Real Capital Analytics (RCA) said that multifamily property prices rose 23.0 percent year-over-year in April and that they rose 1.3 percent...
ULI gives guide to going green
The Urban Land Institute (ULI) recently released a report titled Renewable Energy Strategies for Real Estate. The report provides an introduction to different approaches...
Single-family rentals and the housing crunch
In the last two years, the single-family housing market has been hot, with high sales volumes, rising prices and low available inventory. Institutional investors...
Emergency Rental Assistance update
The latest report by the U.S. Department of the Treasury states that, as of the end of March, 74 percent of the $25 billion...
Fannie Mae forecasts a slowing economy
Fannie Mae’s latest economic forecast calls for lower GDP growth and higher inflation in 2022 than in earlier forecasts. Their new housing forecast predicts...
Rent delinquencies rise in latest Pulse Survey
The “Week 45” edition of the Census Bureau’s Pulse Survey shows that the portion of renters who are behind on their rent payments has...
Multifamily housing construction starts boom
The Census Bureau’s new residential construction report for April showed continued high levels of multifamily housing construction permit issuance and unit starts, but unit...
Yardi Matrix studies multifamily property price appreciation
A recent report from Yardi Matrix examined the price appreciation seen over the last decade for multifamily properties which were resold frequently. These tended...
Strong multifamily mortgage originations in Q1
A report from the Mortgage Bankers’ Association (MBA) says that multifamily mortgages originations in Q1 were up sharply on a year-over-year basis. Tracking multifamily mortgage...
Construction materials price rises outpace CPI in April
The Bureau of Labor Statistics (BLS) released its producer price index report for April 2022. It stated that construction materials prices were up 0.8...
Rent growth rate slips slightly in Yardi Matrix survey
Yardi Matrix reported that the national average apartment rent rose $15 in April to $1,659 per month as rent growth declined slightly. Rents growth rate...
CBRE reports strong Q1 multifamily fundamentals
CBRE reported that record high apartment absorption over the last 4 quarters set the basis for very strong measures of performance for the multifamily...
ULI economic forecast sees continued growth
The Urban Land Institute (ULI) recently released its biannual economic forecast for spring 2022. It generally has a more positive outlook for the economy...
Multifamily jobs numbers edge higher
The latest Employment Situation Report from the Bureau of Labor Statistics stated that the numbers of residential construction jobs and of apartment operations jobs...