Tag: Blog
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...
Rent delinquencies unchanged in latest Pulse Survey
The “Week 40” edition of the Census Bureau’s Pulse Survey has been released. It shows that the portion of renters with rent delinquencies is...
Commercial property prices hit new high
New reports from CoStar and from Real Capital Analytics (RCA) state that commercial real estate prices reached an all-time high in November, with multifamily...
Job openings remain high in November as quits rise
The November Job Openings and Labor Turnover (JOLT) report from the Bureau of Labor Statistics (BLS) said that the number of job openings dropped...
Residential construction spending rises in November
The Census Bureau’s report on construction spending shows that the value of residential construction put in place in November was up 0.9 percent from...
Yardi Matrix reports rents are still rising
The latest rent report from Yardi Matrix shows that rents are continuing to rise even during the time of year when they are usually...
Economic forecasts show rising inflation concerns
A pair of economic forecasts, one from Fannie Mae and one from the Federal Reserve predict higher inflation ahead and higher interest rates as...
Multifamily housing construction activity higher in November
The Census Bureau’s new residential construction report for November showed higher multifamily housing construction activity than in recent months in all three measures that...
