Tag: Blog
Multifamily jobs up in December
The latest Employment Situation Report from the Bureau of Labor Statistics (BLS) stated that the numbers of both residential construction jobs and apartment operations...
Residential construction spending continues rise in December
The Census Bureau’s report on construction spending shows that the value of residential construction put in place in December was up 1.1 percent from...
Job openings remain high as hiring falls in December
The December Job Openings and Labor Turnover (JOLT) report from the Bureau of Labor Statistics (BLS) said that the number of job openings increased...
Multifamily property prices rise at record rate
The latest CoStar report on the changes in the prices of commercial property in the United States said that the quarterly index of multifamily...
California seeks to bind landlords – Update
A new law working its way through the California legislature would make it more difficult for owners of rent-controlled properties in the state to...
Prediction: 2022 will be a good year for multifamily housing
In its U.S. Multifamily Outlook for Winter 2022, Yardi Matrix forecasts that the fundamentals of the multifamily housing business will remain strong in 2022...
Multifamily property prices continue record rise
A new report from Real Capital Analytics (RCA) said that multifamily property prices rose 23.6 percent year-over-year In December. This is the fourth month...
Planning the future of New York housing
New York Governor Kathy Hochul’s State of the State report for 2020 identifies a number of goals and proposes several programs to improve access...
Multifamily housing construction activity: starts up, completions down
The Census Bureau’s new residential construction report for December showed mixed results for multifamily housing construction activity with higher starts but lower completions. Permits...
IRR assesses the state of the CRE market
Intergra Realty Resources (IRR) released its Viewpoint 2022 report on the CRE market. The report states that the economy has strong momentum going into...
Construction materials prices continue their advance
The Bureau of Labor Statistics (BLS) released its producer price index report for December 2021. It showed that construction materials prices were up 1.5...
Student housing regains its shine
Yardi Matrix released their latest quarterly report covering the purpose-built student housing market. It shows that preleasing performance for fall 2021 and early preleasing...
Freddie looks ahead to 2022
Freddie Mac has released its 2022 Multifamily Outlook report. It predicts that 2022 will be another strong year for multifamily rental housing, both from...
Seasonality returns to rent growth
The latest rent report from Apartment List shows that the national average rent fell slightly in December, the only month-over-month rent decline in 2021....
Multifamily jobs decline in December
The latest Employment Situation Report from the Bureau of Labor Statistics stated that the numbers of both residential construction jobs and apartment operations jobs...