Vol. 77, November 20, 2024
GLOBEST
Three Reasons Multifamily Demand Is Soaring
Multifamily demand is up 50% from last year.
MULTI-HOUSING NEWS
New Multifamily Amenities Shaping Resident Experience In 2025
Experts from Village Green and WithMe dive into the latest trends, from wellness-focused areas and tech-enabled conveniences to creative spaces designed for both work and leisure.
MBA
Multifamily, Single-Family Rents Fall Slightly In October, Yardi Matrix Finds
Yardi Matrix, Santa Barbara, Calif., reported that?multifamily advertised rents?fell $3 to an average of $1,748 in October.?
REALTOR.COM
New Home Construction Falls To Three-Month Low As High Rates And Hurricanes Impact Builders
Construction of new U.S. homes fell 3.1% in October as builders pulled back on new projects.
GLOBEST
Small Multifamily Cap Rates Drop To 6%
Investment conditions are improving for this asset class.
HOUSINGWIRE
FHA Raises Multifamily Loan Caps - Fannie Mae - Freddie Mac
The regulator raised the caps at each of the GSEs to $73 billion next year.
MPA MAGAZINE
Housing Starts Gather Some Momentum In October
A pickup in single-family and multi-unit construction helped propel solid home construction last month, according to CMHC.
NAHB - EYE ON HOUSING
Residential Mortgages Experience Unchanged Lending Conditions - Weaker Demand In Third Quarter
Lending standards were essentially unchanged?for all residential mortgage categories in the third quarter of 2024, except for?Subprime?loans, according to the Federal Reserve Board’s October 2024?Senior Loan Officer Opinion Survey?(SLOOS).
NAHB - EYE ON HOUSING
Builder Confidence Moves Higher As Election Uncertainty is Lifted
Builder sentiment improved for the third straight month, and builders expect market conditions will continue to improve with Republicans winning control of the White House and Congress.
领英推荐
GLOBEST
Sunbelt Enjoys Renewed Demand As Construction Starts To Wane
Texas, Florida and North Carolina are key multifamily markets.
NAHB - EYE ON HOUSING
Single Family Permits Higher In September
Over the first nine months of 2024, the total number of single-family permits?issued?year-to-date (YTD) nationwide reached 763,990.
GLOBEST
Multifamily Cap Rates Rebound Sparking Fresh Investor Interest
But they haven't translated into stabilized valuations.
YIELDPRO
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 at $1,748 per month.
YIELDPRO
Construction Materials Prices Rise In October
The producer price index (PPI) report from the?Bureau of Labor Statistics?(BLS) stated that construction materials prices rose 0.3 percent month-over-month in October on a seasonally adjusted basis.
GLOBEST
Asking Rents In Midwest Increase Amid National Slowdown
Overall, national growth was sluggish.
GLOBEST
CRE Recovery Underway Despite Higher Yields Says CW Chairman
Cushman & Wakefield’s Bruce Mosler speaks on the CRE market trends.
NAHB - EYE ON HOUSING
Building Material Prices Increase While Other Input Prices Fall
Prices for inputs to new residential construction—excluding capital investment, labor, and imports—decreased 0.2% in October according to the most recent Producer Price Index?(PPI)?report published by the U.S. Bureau of Labor Statistics.
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