Tag: Blog
Plywood again leads construction materials prices higher
The Bureau of Labor Statistics (BLS) released its producer price index report for February 2022. It stated that construction materials prices were up 1.2...
Rents continue to climb in February
Yardi Matrix reports that rents moved sharply higher in February, despite it traditionally being one of the slower months for rent growth. Rents growth persists Yardi...
Rent delinquencies up slightly in latest Pulse Survey
The “Week 42” edition of the Census Bureau’s Pulse Survey has been released. It shows that the portion of renters with rent delinquencies moved...
Emergency Rental Assistance funds still flowing
A recent report by the U.S. Department of the Treasury states that, as of the end of January 2022, 69 percent of the $25...
Job openings top 11 million in January
The January Job Openings and Labor Turnover (JOLT) report from the Bureau of Labor Statistics (BLS) said that the number of job openings remained...
Mixed multifamily jobs report for February
The latest Employment Situation Report from the Bureau of Labor Statistics stated that the number residential construction jobs rose for the month, but apartment...
CoStar reports multifamily property prices rising
A new report from CoStar says that multifamily property prices have resumed their recent rapid rise after a brief slowdown in the middle of...
Residential construction spending rises in January
The Census Bureau’s report on construction spending shows that the value of residential construction put in place in January was up 1.3 percent from...
Rent growth accelerates in February
The latest rent report from Apartment List shows that the national average rent rose in February, increasing 0.6 percent month-over-month and 17.6 percent year-over-year. Rent...
Multifamily property prices continue sharp rise in January
A new report from Real Capital Analytics (RCA) said that multifamily property prices rose 22.5 percent year-over-year in January and that they rose 1.9...
Fannie Mae forecasts higher inflation ahead
Fannie Mae’s February economic and housing forecasts call for marginally higher multifamily housing production in 2022 and 2023 than in earlier forecasts. Other forecasts...
Multifamily housing unit completions lower in January
The Census Bureau’s new residential construction report for January showed high levels of multifamily permit issuance and unit starts, but completions continue to lag. Multifamily...
Multifamily mortgage originations leap higher in Q4
A report from the Mortgage Bankers’ Association (MBA) says that there was a sharp rise in multifamily mortgage originations in Q4 both on a...
Rents up in January
The latest rent report from Yardi Matrix shows that apartment rents are continuing to rise this year even during the winter months when they...
Construction materials prices continue to climb
The Bureau of Labor Statistics (BLS) released its producer price index report for January 2022. It showed that construction materials prices were up 2.9...
