Tag: inflation
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...
Fannie Mae forecasts lower multifamily starts
Fannie Mae’s August economic and housing forecast predicts higher single-family starts but lower multifamily starts than did last month’s forecast. Multifamily starts slow The current forecast...
Construction materials prices nearly unchanged in July
The producer price index (PPI) report from the Bureau of Labor Statistics (BLS) stated that construction materials prices were up 0.1 percent month-over-month in...
Fed signals higher interest rates ahead
The Federal Open Market Committee (FOMC) met this week and decided to keep interest rates unchanged. However, the Federal Reserve’s updated forecasts for key...
Hope and uncertainty
Better times might be just around the corner for apartment investors stressed by the highest interest rates in years. Or interest rates could easily keep...
Fannie Mae sees higher multifamily housing starts in 2023
Fannie Mae’s May economic and housing forecast reduces the depth of the predicted downturn in multifamily housing starts. It also delays the start of...
Construction materials prices unchanged in April
The April producer price index (PPI) report from the Bureau of Labor Statistics (BLS) stated that construction materials prices were unchanged for the month,...
Fannie Mae forecasts shallower multifamily downturn
Fannie Mae’s April economic and housing forecast reduces the depth of the predicted downturn in multifamily housing starts, although it leaves the timing of...
Construction materials prices up for the month
The March producer price index (PPI) report from the Bureau of Labor Statistics (BLS) stated that construction materials prices rose 0.5 percent for the...
MBA forecasts slowdown early in 2023
The Mortgage Bankers’ Association (MBA) recently released its Q4 2022 quarterly databook which contains updated forecasts for key economic metrics through 2025. It still...
Fannie Mae forecasts later recession
Fannie Mae’s March economic and housing forecasts shift the timing of the expected recession to later in 2023 than predicted in recent forecasts. This...
Construction materials prices reported flat
The February producer price index (PPI) report from the Bureau of Labor Statistics (BLS) stated that construction materials prices were unchanged in the month,...
Housing starts forecasts rise
Fannie Mae’s February economic and housing forecasts predict a higher number of multifamily starts in 2023 and 2024 than did last month’s forecast. The...
Construction materials price decline continues
The January producer price index (PPI) report from the Bureau of Labor Statistics (BLS) stated that construction materials prices fell 0.2 percent in the...
Recession coming, but later
Fannie Mae’s January economic and housing forecasts predict a stronger finish for multifamily starts in 2022 and a higher number of multifamily starts in...
