Tag: Blog
Multifamily employment grows in March
The latest Employment Situation Report from the Bureau of Labor Statistics stated that the number of residential construction jobs and of apartment operations jobs...
CoStar reports multifamily property prices still rising
A new report from CoStar says that the rate of growth in multifamily property prices declined in February while the prices of other commercial...
Annual rate of rent growth remains high in March
The latest rent report from Apartment List shows that the national average rent growth in March was 0.8 percent month-over-month and 17.1 percent year-over-year....
Job openings remain high in February
The February Job Openings and Labor Turnover (JOLT) report from the Bureau of Labor Statistics (BLS) said that the number of job openings and...
Multifamily property prices rise at record rate in February
A new report from Real Capital Analytics (RCA) said that multifamily property prices rose 23.2 percent year-over-year in February and that they rose 1.7...
Banks raise their share of multifamily mortgage debt in Q4
A Mortgage Bankers Association (MBA) report on commercial and multifamily mortgage debt shows that banks and thrifts had the largest net increase in multifamily...
SEC to mandate climate risk disclosure
On March 21, the SEC posted a proposed rule which would mandate that public companies include climate risk disclosure information in their standard filings....
Inflation drives interest rates higher
Forecasts from Fannie Mae and from the Federal Reserve foresee continued high inflation and rising interest rates.
Fannie Mae issues a monthly forecast for the...
Multifamily housing completions continue to fall
The Census Bureau’s new residential construction report for February showed high levels of multifamily permit issuance and rising unit starts but falling multifamily unit...
CoreLogic reports record SFR rent growth
CoreLogic reported that the year-over-year rent growth for single-family rentals (SFRs) in January was 12.6 percent. This is the highest rate they have seen...
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...
