Apartment Construction to Reach 50-Year High
An estimated 420,000 new apartment rental units are projected to be completed this year, pushing apartment construction to an historic 50-year peak, according to a report from RentCafé.
This construction boom is driven by pent-up...
What Attracts Renters To Smaller Multifamily Properties?
Renters living in smaller multifamily properties have lived in their units for one year longer than the average renter, and are slightly less likely to have plans to move out over the next year,...
Multifamily Rent Growth Slows But Still Strong
U.S. multifamily rent growth remains strong despite a deceleration in rent growth performance as asking rents are up 12.6 percent year-over-year through July, as demand continues to exceed supply, Yardi Matrix says in the...
Rate Hikes Alter Single-Family Strategies For Investors
The recent increase in interest rates is forcing institutions and investors to reassess growth strategies in the single-family rental market, according to a report from Yardi Matrix.
“With home sales cooling as rising mortgage rates...
Portland, Seattle Rent Growth Up As Growth Cools In July Nationally
Portland and Seattle beat the national average as nationally rents grew at 1.1 percent in July showing the continued slower rent growth that has been expected, Apartment List says in their August report.
“Over the...
Analysis: Renters Increasingly Unhappy With Sky-High Rents
Renters are increasingly unhappy with sky-high rents according to a new survey and analysis of renters’ reviews, ratings and conversations on social media sites.
The survey shows that sky-high rents have created unhappy renters and...
Multifamily Outlook Still Hopeful With Volatile Economy
The multifamily outlook is still hopeful as rent increases are starting to slow as rent growth is getting moderated by soaring inflation, Yardi Matrix says in a summer report.
So the outlook is still hopeful...
Average Rents Rise To All-Time High In June
Multifamily performance continued strong as U.S. asking rents rose $19 for the month of June to an all-time high of $1,706, according to the Yardi Matrix June Multifamily Report.
“Robust household formation is driving demand,...
Can You Ever Have Too Much Fair Housing Training?
Can you ever have too much fair housing training as state and local laws are constantly changing and you need to know the rules based on where your rental property is located.
By The Fair...
Rents Continue Climbing Faster Than Pre-Pandemic Years
Apartment List says their national index rose by 1.3 percent over the course of June, “consistent with last month’s increase” but so far in 2022 “rents are growing more slowly than they did in...