Tag: Blog
Mixed multifamily jobs report for February
The latest Employment Situation Report from the Bureau of Labor Statistics stated that the number residential construction jobs rose for the month, but apartment...
CoStar reports multifamily property prices rising
A new report from CoStar says that multifamily property prices have resumed their recent rapid rise after a brief slowdown in the middle of...
Residential construction spending rises in January
The Census Bureau’s report on construction spending shows that the value of residential construction put in place in January was up 1.3 percent from...
Rent growth accelerates in February
The latest rent report from Apartment List shows that the national average rent rose in February, increasing 0.6 percent month-over-month and 17.6 percent year-over-year.
Rent...
Multifamily property prices continue sharp rise in January
A new report from Real Capital Analytics (RCA) said that multifamily property prices rose 22.5 percent year-over-year in January and that they rose 1.9...
Fannie Mae forecasts higher inflation ahead
Fannie Mae’s February economic and housing forecasts call for marginally higher multifamily housing production in 2022 and 2023 than in earlier forecasts. Other forecasts...
Multifamily housing unit completions lower in January
The Census Bureau’s new residential construction report for January showed high levels of multifamily permit issuance and unit starts, but completions continue to lag.
Multifamily...
Multifamily mortgage originations leap higher in Q4
A report from the Mortgage Bankers’ Association (MBA) says that there was a sharp rise in multifamily mortgage originations in Q4 both on a...
Rents up in January
The latest rent report from Yardi Matrix shows that apartment rents are continuing to rise this year even during the winter months when they...
Construction materials prices continue to climb
The Bureau of Labor Statistics (BLS) released its producer price index report for January 2022. It showed that construction materials prices were up 2.9...
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...
