Yardi Matrix: Cleveland’s Fundamental Promise
Multifamily fundamentals are strong in the City of Champions, with more than 11,500 multifamily units in different stages of development.
Economy Watch: Beige Book Says Multifamily Outlook Mostly Positive
The central bank’s districts reported varied outlooks on multifamily activity, but they were largely optimistic on the whole.
Yardi Matrix: Priced Out in San Jose?
Demand has pushed Silicon Valley rents to new heights, pricing out even some of the area’s well-paid workers.
Yardi Matrix: An End to San Francisco’s Bull Run?
Affordability has become a pressing problem for San Franciscans after years of double-digit rent growth in the metro.
Economy Watch: Multifamily Gains in Mixed Bag for Construction Spending
The sector attracted a 13.9 percent year-over-year jump in August as spending also increased in most other asset categories.
Yardi Matrix Fall Analysis: Multifamily Outpaces Economy
The newly released fall market analysis from Yardi Matrix reveals national trends in rent growth, supply and capital.
Market Pulse for October 2016
Market Pulse section compiled by Suzann Silverman. To comment, email ssilverman@cpexecutive.com. Multifamily Starts: Housing starts of buildings with five or more units rose by 8.3 percent over the month of July 2016 to a seasonally adjusted annual rate of 433,000. This is the highest level of five or more unit housing starts since September 2015. The month-over-month increase in July is the fourth consecutive month of recorded gains. Over this four-month period, from April to July, starts of buildings with five or more units rose by 22.7 percent. Measured at a seasonally adjusted annual rate, the average number of housing…
Top 5 NYC Multifamily Sales
Top 5 multifamily sales recorded in the month of August 2016
Rent Growth
Rents were up 5.0%, which is down 50 basis points from the previous month, 110 basis points from April and 170 basis points from the recent peak last October.
Economy Watch: Negative Signals for the Economy
A number of new datapoints this week show a somewhat unfavorable picture for the U.S. economy as we near the end of 2016.