Tag: Census Bureau
Economic pressures plague renters as median income fell in 2022
Called the invisible tax, inflation wreaked havoc with resident income in 2022 according to new reports by the Census Bureau. This marks three straight...
Residential construction spending still rising
The Census Bureau’s report on construction spending said that the value of multifamily residential construction put in place in July was up 0.2 percent...
Fannie Mae examines multifamily construction pipeline
The multifamily commentary that accompanied Fannie Mae’s monthly forecast for August reported on the number of units in the multifamily construction pipeline. In doing...
Higher rent increases seen in latest Pulse Survey
The “Week 60” edition of the Census Bureau’s Pulse Survey shows that the portion of renters who are reporting that their rent increased in...
July multifamily construction completions down sharply
The Census Bureau’s new residential construction report for July stated that the number of multifamily permits issued, starts and unit completions were all down...
Single-family starts edge higher in July but rising rate concerns persist
A lack of existing inventory and solid demand helped offset rising mortgage rates and push single-family production higher in July, even as builders continue...
Number of renter households reaches all-time high
The Census Bureau released its quarterly report on home ownership and occupancy for Q2. It stated that the national rental housing vacancy rate was...
Residential construction rebounds
The Census Bureau’s report on construction spending said that the value of multifamily residential construction put in place in June was up 1.5 percent...
New home sales cool in June on higher mortgage rates
Rising mortgage rates and elevated construction costs put a damper on new home sales last month.
Sales of newly built, single-family homes in June fell...
Big drop in June multifamily construction starts
The Census Bureau’s new residential construction report for June stated that the number of multifamily permits issued, starts and unit completions were all down...
Single-family construction spending shows signs of life
The Census Bureau’s report on construction spending said that the value of multifamily residential construction put in place in May was down 0.1 percent...
New home sales jump in May
A lack of existing inventory coupled with solid consumer demand helped to boost new home sales in May to their highest level since February...
Multifamily construction has a great month
The Census Bureau’s new residential construction report for May stated that the number of multifamily permits issued, starts and unit completions were all up...
Multifamily construction spending continues slow rise
The Census Bureau’s report on construction spending said that the value of multifamily residential construction put in place in April was up 0.6 percent...
Rent delinquencies edge higher in latest Pulse Survey
The “Week 57” edition of the Census Bureau’s Pulse Survey shows that the portion of renters with rent delinquencies rose to 13.8 percent, up...
