Category: Multifamily

The Multifamily Book Is Closed On 2022–What’s In Store For 2023?

Multifamily asking rent growth recorded its second best year this century in 2022, though it finished the year on the downside due to weakening demand and robust supply growth that has occupancy rates sinking, Yardi Matrix writes in a year-end report. “What do we expect in 2023? Despite headwinds, the market has positive drivers,” Yardi […]

The Multifamily Book Is Closed On 2022–What’s In Store For 2023?

Multifamily asking rent growth recorded its second best year this century in 2022, though it finished the year on the downside due to weakening demand and robust supply growth that has occupancy rates sinking, Yardi Matrix writes in a year-end report. “What do we expect in 2023? Despite headwinds, the market has positive drivers,” Yardi […]

Poll: Top 2023 Challenges for Multifamily

In the most recent monthly MHN poll, readers were asked to name the top challenge that their companies will face in 2023, particularly in light of an increasingly cloudy economic horizon. Nearly three quarters of respondents see interest rates and capital availability as the year’s No. 1 issue, in no small part due to volatility […]

Upgrade Your Rental: Best Cities for Finding New Apartments in 2023

Boca Raton, FL, is the best city for finding new apartments in highly desirable locations. It’s getting harder and harder to find apartments these days, as rentals are a red-hot commodity and more renters are deciding to renew their leases and stay put — so much so that apartment buildings are almost full in every […]

NAA, NMHC Sound Alarm Over New Federal Rules

EPA’s regulations will burden multifamily developers with delays and added costs, the organizations argue. The National Apartment Association and National Multifamily Housing Council have gone on record as being disappointed in a United States Environmental Protection Agency regulation redefining and expanding what “waters of the U.S.” (WOTUS) means under the Clean Water Act. The organizations […]

9 Key Rental Market Trends From 2022 and Impact on 2023

As we close out the year, the Apartment List research team has rounded up a summary of the key rental market trends that defined 2022 and those expected to define 2023. Here is a look at national trends, regional trends and key themes for 2023 to help make you more informed about 2023. No. 1 […]

How Multifamily Construction Trended in 2022

Volume through the third quarter was on par with the same period of 2021, according to Yardi Matrix data. This past year proved unpredictable not just for those acting in the investment market, but for developers as well. Inflation woes cast a shadow on the multifamily construction market, as the cost of capital is still […]

Rising Rents? Blame the Supply Shortage

By NMHC Research Department Much has been made about rising rents in recent months, often with the implication that they are the result of price gouging. In fact, the explanation is much simpler. It’s simple Econ 101—the U.S. does not have enough housing to meet demand. How do we know? Because the data tell us […]

What Apartment Firms Need to Know About the Federal 2023 Spending Bill

On December 23, Congress avoided a government shutdown and passed a $1.7 trillion bill to fund the federal government for the fiscal year ending September 30, 2023 that will impact the apartment industry. President Biden is expected to sign it. Why It Matters: The annual federal spending bill funds several federal departments, agencies and programs […]

2022 Year-End Report: Miami Was America’s Most Competitive Rental Market This Year, Two-Thirds of Renters Renewed Leases

In 2022, an average of 14 renters competed for each vacant apartment and the overall national competitivity score was 59.9 out of 130. With around 44 million American households living in rental homes, renting is at its highest level in half a century. But, for some renters, finding a new place to call home was […]

Scroll to top
error: Alert: Content selection is disabled!!