Items Tagged with 'multifamily rent growth'

ARTICLES

  • RealPage: Home affordability issue is overstated

    Economist Greg Willet says rent growth is not the problem
    RealPage Chief Economist Greg Willet says the mainstream info on affordable housing is vastly overstating the acuity of the problem. He points to a lack of available affordable units as the problem as opposed to the strong rent growth in the market.
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  • In the pipeline: Navigating this multifamily sellers' market

    Settle in for a long, slow climb as multifamily housing takes center stage
    The multifamily market is in on hold as far new starts go with the exception of an odd permitting blip registered over the course of March, in which permit numbers spiked by 19%. That aside, researchers are predicting a slowdown in new construction starts as the market is full-up on Class-A product, and construction costs don’t allow for them to build Class-B product.
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  • Report: Millennials not moving out of mom's basement

    The number of Millennials living with their mothers is on the rise
    A new report from Zillow reveals that more Millennials live with their mothers now than at any other time in the last decade. In 2005, 13.5% of adults age 24 to 36 lived with their moms. That number now is up around 25% now, which means about 12 million Millennials reside in casa de madre.
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  • Report: Multifamily rents on the rise

    Yardi-Matrix's monthly report shows strong rent growth and dipping occupancy
    U.S. multifamily rents climbed $4 in April, moving from $1,373 to $1,377, according to a survey of 121 markets by Yardi-Matrix. More than just the typical seasonal bump in spring and summer, the growth reflects a 2.4% year-over-year gain, which is the highest since last spring.
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  • Here are the top 10 most expensive rental markets in the U.S.

    California is far and away the most expensive state to rent in
    Three of the top five most expensive rental markets in the nation are in California. San Francisco holds the top spot as the nation’s priciest multifamily market exhibiting rent growth of 1.2% in its one-bedroom price to $3,440. San Jose came in third at 2,500 for a one-bedroom, and Los Angeles tied with Boston for fourth place at $2,300 for a one-bedroom.
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