Tag: multifamily starts
Fannie Mae revises GDP growth forecast lower again
Fannie Mae’s August economic and housing forecasts predict a recession in early 2023. The economic slowdown is expected to bring inflation under control by...
Multifamily housing construction is the bright spot in housing
The Census Bureau’s new residential construction report for July showed multifamily housing construction permits and completions were both strong but that starts fell for...
Multifamily housing construction looking strong heading into summer
The Census Bureau’s new residential construction report for June showed multifamily permits and starts both recovering from last month’s declines. Unit completions fell during...
Fannie Mae lowers housing starts forecast
Fannie Mae’s November economic and housing forecasts call for fewer housing starts in 2021 than in earlier forecasts. However, the forecasts for housing starts...
Multifamily housing starts up in Fannie Mae forecast
Compared with earlier forecasts, Fannie Mae’s October economic and housing forecasts call for higher multifamily housing starts over the next 6 months while also...
Multifamily housing construction pipeline grows
The Census Bureau’s new residential construction report for August reported a surge in multifamily housing construction permits and starts, although completions continued to lag. Multifamily...
Fannie Mae forecasts higher near-term growth
Fannie Mae recently issued its May forecasts for the economy and for housing. They show slightly higher growth in 2021 and much higher multifamily...
March was a blowout month for multifamily housing construction
The Census Bureau released its monthly new residential construction report for March 2021. It reported that multifamily housing permits, starts and completions were all...
Census releases multifamily housing construction data for January 2020
The Census Bureau released its monthly new residential construction report for January 2020. It shows continued strength for multifamily housing construction. Permits make a comeback The number...
Census releases housing construction data for April 2019
The Census Bureau released its new monthly residential construction report for April 2019. The report shows relative strength in the three measures of multifamily housing...
Multifamily rentals are still alive and kickin’
Brace yourself. I’m about to unleash a tsunami of data to make the argument that the multifamily market is going strong, despite the sturm...
Census releases housing construction data for August, 2018
The Census Bureau released its monthly new residential construction report for August, 2018. The report shows declines in multifamily housing permits and completions but...
Census releases housing construction data for April, 2018
The Census Bureau, in conjunction with the Department of Housing and Urban Development (HUD), released its monthly new residential construction report for April, 2018....
Census releases multifamily construction data for March, 2018
The Census Bureau, in conjunction with the Department of Housing and Urban Development (HUD), released its monthly new residential construction report for March, 2018....
Occupancy holds strong
Developers opened a tremendous number of new apartment units in 2017. But the percentage of apartments that are occupied has barely shifted, despite competition...