January 2018
The price of inputs to construction industries rose by 4.3 percent on a not seasonally adjusted basis over the past 12 months ending in January 2018.
Top 5 NYC Multifamily Sales
PropertyShark compiled the top 5 multifamily sales recorded in February 2018 in New York City.
Gentrification of Downtown L.A. Pushed Home Values Up by 700 Percent
The apartment search website compiled a ranking of the most gentrified zip codes in the U.S., using data from the 2000 Census Survey and the 2016 American Community Survey.
Upscale Demand Boosts Rent Growth in Richmond
After trailing the U.S. average throughout the current cycle, the metro’s rent growth reached 2.6 percent as of December, bucking the national trend during 2017’s fourth quarter.
Top 10 Dallas Completions of 2017
More than 17,000 units came online over the past year, as the metro continues to attract both domestic and foreign investors.
San Diego Remains a Landlord’s Market
Demand continues to be healthy in the area, sustained by demographic expansion and a sluggish pipeline. Rent growth ended 2017 at 4.6 percent, nearly double the U.S. average.
Construction Surge Stalls Rent Growth in San Antonio
Despite a wave of new deliveries—which dampened rent growth to just 0.8 percent—the metro’s multifamily fundamentals remain healthy, sustained by above-trend employment gains.
Oversupply Softens Rent Growth in Portland
A healthy job market and strong population gains continue to sustain multifamily demand across the metro, where more than 5,000 apartments are scheduled for delivery in 2018.
Economy Watch: Where Do Residents Pay the Most Property Tax?
A new report from WalletHub reveals which states have the highest and lowest property tax in 2018.
Albuquerque Struggles on Recovery Path
Despite a slowdown in 2017, the metro’s multifamily market performance is in line with its historical averages. Core submarkets are leading growth, while the suburbs gradually recover from the most recent downturn.