Tag: Blog
Construction materials prices move higher
The Bureau of Labor Statistics (BLS) released its producer price index report for November 2021. It showed that construction components and materials prices were...
Commercial property loan delinquency rates decline
A pair of reports, one from Trepp and one from the Mortgage Bankers Association (MBA) indicate that delinquencies on loans on commercial property continue...
Job openings remain high in October
The Bureau of Labor Statistics (BLS) recently released the Job Openings and Labor Turnover (JOLT) report for October. It reported that the number of...
Multifamily jobs markets continue growth
The latest Employment Situation Report from the Bureau of Labor Statistics stated that both residential construction jobs and apartment operations jobs again saw gains...
Rent growth slows in November
The latest rent report from Apartment List shows only marginal rent growth month-over-month in November. Nationally, rents rose 0.1 percent for the month, although...
CoStar reports multifamily property price rise slowing
A new report from CoStar says that multifamily property prices continued their recent rise in October, although the rate of price gains has moderated...
Residential construction spending reported down in October
The Census Bureau’s report on construction spending shows that the value of residential construction put in place in October was down 0.5 percent from...
Multifamily property prices rise at record rate
A new report from Real Capital Analytics (RCA) said that multifamily property prices rose 16.8 percent year-over-year through October. This is the highest rate...
Fannie Mae lowers housing starts forecast
Fannie Mae’s November economic and housing forecasts call for fewer housing starts in 2021 than in earlier forecasts. However, the forecasts for housing starts...
Multifamily housing construction activity rises in October
The Census Bureau’s new residential construction report for October showed an uptick in multifamily housing construction activity from last month's relatively weak level. Multifamily housing...
Quits set record in September
The Bureau of Labor Statistics (BLS) recently released the Job Openings and Labor Turnover (JOLT) report on the jobs market for September. It reported...
Construction materials price rises resume in October
The Bureau of Labor Statistics (BLS) released its producer price index report for October 2021. It showed that construction materials prices were up 1.2...
Yardi Matrix reports apartment rents are still rising
The latest rent report from Yardi Matrix shows record high asking apartment rents for the country as-a-whole in October, with single family rental (SFR)...
Multifamily jobs increase in October
The latest Employment Situation Report from the Bureau of Labor Statistics stated that both residential construction jobs and apartment operations jobs saw gains for...
Multifamily mortgage originations higher in Q3
A report from the Mortgage Bankers’ Association (MBA) says that there was a significant rise in the originations of multifamily mortgages in Q3 both...
