December 2016
Commentary and data were supplied by Michael Neal, a senior economist with the National Association of Home Builders (NAHB).
Rent Growth
Rents were up 4.6% nationwide in January, a 30-basis-point increase from December, though still 240 basis points below the recent high of 7.0% in January 2016.
Yardi Matrix: Sacramento’s Capital Appreciation
As the only remaining metro with year-over-year rent growth in double figures, Sacramento seems unfazed by the national downward trend.
Matrix Monthly: Rents Jump $5 in January
With a few exceptions, rent growth continues to be driven from highly populated metros in the West and South.
NMHC: Trump Ushers in Optimism and Caution
Real estate industry veterans and public policy pros came together at the National Multifamily Housing Conference’s annual meeting to discuss the impact of the new administration on multifamily.
Economy Watch: Apartment Markets Slowing Down
All four indexes in the NMHC’s quarterly survey released this month were below the break-even level of 50, indicating weaker conditions in the multifamily industry.
November 2016
Commentary and data were supplied by Michael Neal, a senior economist with the National Association of Home Builders (NAHB).
Top 10 NYC Multifamily Sales
Top 10 multifamily sales recorded in the Fourth Quarter of 2016
Rent Growth
Rents grew 4.0% nationwide in December, a 30-basis-point decline from November and a 270-basis-point drop from the recent high of 6.7% in October 2015.