Tag: Rent growth
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...
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...
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...
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...
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...
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
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...
Rent growth turns negative in August
The latest rent report from Apartment List shows that the national median monthly rent growth in August was -0.1 percent. Year-over-year rent growth was...
SFR rent growth rate lower in June
CoreLogic reported that their single-family rent index (SFRI) for June rose 2.9 percent from its year-earlier level. This is down 0.3 percentage points from...