Tag: Blog
CBRE: Foreign investment in multifamily lower in 2021
A new report from CBRE found that both the dollar value of foreign investment in multifamily properties as well as foreign investment’s share of...
Construction materials prices up despite lumber price declines
The Bureau of Labor Statistics (BLS) released its producer price index report for August 2021. It showed that construction components and materials prices were...
Yardi Matrix reports record rent growth
The latest rent report from Yardi Matrix shows record growth in multifamily asking rents for the country as-a-whole in August, with SFR rent growth...
Job openings again set record in July
The Bureau of Labor Statistics (BLS) recently released the Job Openings and Labor Turnover (JOLT) report for July. It again reported a series record...
Multifamily jobs markets mixed in August
The latest Employment Situation Report from the Bureau of Labor Statistics stated that residential construction jobs were up but apartment operations jobs were down. Total employment...
Residential construction spending continues to rise
The Census Bureau’s report on construction spending shows that the value of residential construction put in place in July was up 27 percent year-over-year. Improvements...
JCHS reports on landlords under stress
Harvard’s Joint Center for Housing Studies (JCHS) recently issued a report assessing how landlords are faring during the COVID pandemic. The report studied how...
CoStar reports steady rise in multifamily property prices
A recent report from CoStar says that commercial property prices in general, and multifamily property prices in particular, continued their recent strong performance in...
Rapid rent growth continues in August
The latest rent report from Apartment List shows strongly positive rent growth for the country as-a-whole. Rents were up month-over-month and year-over-year in all...
RCA: Multifamily property prices higher
A report from Real Capital Analytics (RCA) said that multifamily property prices rose 13.5 percent in the year to July, topping the 12 percent...
Emergency Rental Assistance funds going out – slowly
A report by the U.S. Department of the Treasury states that, as of the end of July, approximately 24 percent of the $25 billion...
CDC eviction moratorium back at Supreme Court – overturned
Update: On August 26, the Supreme Court lifted the stay on Judge Friedrich's order, meaning that the CDC's eviction moratorium may no longer be...
Fannie Mae raises forecast for multifamily housing production
Fannie Mae’s August economic forecast projects lower GDP growth for the rest of 2021, partially offset by higher GDP growth for Q1 2022. Their...
Multifamily housing construction: permits up, starts down
The Census Bureau released its monthly new residential construction report for July 2021. It reported good results for permits, starts and completions compared to...
Rent payment delinquencies down slightly in July surveys
The week 34 release of the Census Bureau’s Pulse Survey shows that the portion of renters who are behind on their rent payments is...
