Tuesday, December 3, 2024

Tag: Rent growth

falling SFR rent growth rate

SFR rents rise, but more slowly

CoreLogic reported that their single-family rent index (SFRI) for September rose 2.0 percent from its year-earlier level. This is down 0.4 percentage points from...
rent growth

Rent growth continues seasonal downturn in October

Yardi Matrix reported that the national average asking apartment rent was down $3 in October compared to the revised level of the month before...
rental housing

Number of renter households continues rapid growth in Q3

The Census Bureau’s quarterly report on home ownership and occupancy for Q3 2024 stated that the rental housing vacancy rate was 6.9 percent. This...

SFR rent growth rate continues to trend lower

CoreLogic reported that their single-family rent index (SFRI) for August rose 2.4 percent from its year-earlier level. This is down 0.4 percentage points from...

High supply apartment markets ride demand wave

More than 558,000 apartment units have delivered over the past 12 months, hitting what RealPage Analytics calls a 50-year supply peak. But...
NYC leads in apartment rent growth

Rent growth makes seasonal downturn in September

Yardi Matrix reported that the national average asking apartment rent was down $3 in September compared to the revised level of the month before...

Rents fall in autumn

The latest rent report from Apartment List shows that the national median monthly rent growth in September was -0.48 percent, a larger decline than...

Student housing demand normalizing

Student housing demand appears to be normalizing to a more sustainable trend after record occupancy rates in Fall 2022 and 2023. This...
single-family rental

SFR rent growth rate edges lower

CoreLogic reported that their single-family rent index (SFRI) for July rose 2.8 percent from its year-earlier level. This is down 0.1 percentage point from...
New York City leads in year-over-year rent growth

Rent growth turns negative in August

Yardi Matrix reported that national average apartment asking rent was down $1 in August compared to the revised level of the month before at...

The price of disorder

I was once pitched a deal in the heart of the Amazon—Manaus, Brazil. What was I buying? Firstly, a commercial asset. But I couldn’t...
High-income millennials and Gen Zers are choosing Class A apartments over home ownership. Is it a lifestyle choice or the economy?

INFOGRAPHIC: A luxury vibe

High-income millennials and Gen Zers are choosing Class A apartments over home ownership. Is it a lifestyle choice or the economy? National Class A rents...
Despite broader economic inflation cooling significantly from pandemic peaks, the shelter inflation index has remained elevated, largely due to how the BLS calculates housing costs.

Why housing costs remain a major hurdle for lowering inflation

Housing inflation continues to be a stubborn impediment to the consumer price index (CPI) falling back to the Federal Reserve’s target. Despite broader economic inflation...
Apartmentalize roundup: Maintenance as cost saver, operations help close deals

Apartmentalize roundup: Maintenance as cost saver, operations help close deals

The quest for savings at multifamily properties kicked up a notch at June’s National Apartment Association’s Apartmentalize conference in Philadelphia. Managing expectations: maintenance Maintenance, an essential...

Multifamily concession offerings on the rise

Multifamily concession offerings are on the rise nationally as rent growth slows. According to Fannie Mae, almost 21 percent of multifamily units were...

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