Vol. 84, January 22, 2025

Vol. 84, January 22, 2025


GLOBEST

Construction Industry Strained As Disasters Strike Both Coasts

After the two hurricanes and the California fires, disaster relief is running out of supplies.

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YIELDPRO

Multifamily Starts Rebound

The?Census Bureau’s new?residential construction report?stated that, after falling to the lowest level since April 2020 last month, multifamily starts rebounded to the highest level in a year in December.?

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GLOBEST

CRE Community Eagerly Awaits Trumps Deregulation Agenda

He said he would eliminate 10 regulations for every new one introduced.

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MULTIFAMILY EXECUTIVE

Ali Wolf Shares 2025 Multifamily Market Insights And Predictions

Zonda’s chief economist discusses supply trends, demand dynamics, and key challenges shaping the sector in the coming year.

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MULTIFAMILY DIVE

Three Development Trends To Watch This Year

Starts are expected to bottom out in 2025, but well-capitalized developers see an opportunity to build with less competition on the horizon.

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MULTI-HOUSING NEWS

SoCal Multifamily Unites Against Price Gouging?

California owners, developers and industry groups are coming together to help those impacted by historic wildfires.

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GLOBEST

Wall Street Thinks US Homes Are Too Expensive

Differentials between sale prices and REITs’ share prices are why.

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NAHB - EYE ON HOUSING

Moving Out Of Parental Homes Is On Hold

Nearly 667,000 apartment units were absorbed during 2024, exceeding expectations.

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GLOBEST

Experts Predict Strong Momentum In 2024 Global Investment Market

Asset values have stabilized, inflation has eased, and central banks are cutting rates which are emboldening real estate investors, according to Colliers’ new global outlook report.

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NAHB - EYE ON HOUSING

Demographic Analysis Of Labor Force Participation Rate

A key indicator of the labor market is the labor force participation rate.

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MULTIFAMILY DIVE

Rent Growth Declines As Changes Loom In The Year Ahead

While supply growth and demand are strong, conditions are expected to change, according to Yardi Matrix.

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MBA

December New Home Purchase Mortgage Applications Increased 8.9 Percent

The Mortgage Bankers Association (MBA) Builder Application Survey (BAS) data for December 2024 shows mortgage applications for new home purchases increased 8.9 percent compared from a year ago.??

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MULTIFAMILY DIVE

The States That Renters Are Moving To

The most popular destinations are still in the South, while California and New York are falling behind.

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YIELDPRO

Freddie Mac Projects Increase In YOY Multifamily Originations

Multifamily originations in 2025 are expected to surpass last year’s volume, thanks to stabilizing, although higher, interest rates, an expensive for-sale market and the nation’s extreme shortage of housing, according to Freddie Mac’s newly released?2025 Multifamily Outlook report.

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GLOBEST

Apartment Occupancy Improves In Most Markets

Half of the nation’s largest 50 metros saw occupancy increase by 30 bps to 100 bps.

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NAHB - EYE ON HOUSING

Builder Confidence Edges Up Even As Market Risk Concerns Rise

Builder sentiment edged higher to begin the year on hopes for an improved economic growth and regulatory environment.

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MULTIFAMILY EXECUTIVE

Multifamily Leaders Unite To Aid Wildfire Victims And Drive Recovery

Industry leaders pledge action to combat price gouging, provide immediate housing relief, and support long-term recovery in wildfire-stricken Los Angeles.

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MULTI-HOUSING NEWS

Multifamily Investors Lean Into Conversions

Ample distress in the office market and government incentives are helping drive the trend.

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BISNOW

Multifamily Housing Starts Rise 59 Percent

Multifamily construction soared at the end of the year as December's overall housing starts beats expectations.

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YAHOO! FINANCE

US Housing Starts Top Forecasts On Multifamily Construction

Housing starts in the US climbed in December to the fastest pace since early 2024, reflecting a surge in multifamily projects and a more modest advance in one-family homes.

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The information in this publication, including, without limitation, references or links to any information contained in other publications or made available by other sources (collectively, “information”) should not be used or relied upon for any purpose without competent professional examination, verification of its accuracy, code compliance, suitability, and applicability by a professional in the field for which it is intended.? Neither X-Caliber nor any of the individuals or entities that contribute to the information make any warranty, representation, or guaranty, express or implied, that the information is suitable for any general or particular use, that it is compliant with applicable law, codes or ordinances, or that it is free from infringement on any intellectual property, nor do they assume any legal liability or responsibility for the use, application of and/or reference to the information. Anyone making use of the information in any manner assumes all liability arising from such use.

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