According to the latest Yardi Matrix Multifamily Report, the average U.S. multifamily rents were down 0.5% year-over-year in November. Interestingly, they point out that a "renter exodus" from gateway cities like New York, San Francisco, Washington D.C., Chicago, Boston and Los Angeles continues with these markets exhibiting larger declines in year-over-year rents. Continue reading HERE...
The NAHB’s Eye on Housing says the prices of goods used in residential construction increased 19.4%, year-over-year. Citing data from the Producer Price Index they point out that building materials (
A recent report from Breitbart says the average national price for manufactured homes rose nearly 50% over the course of the pandemic, from $82,900 to $123,200. They say manufactured homes have long
The U.S. government is reporting that privately‐owned housing starts in May were at a seasonally adjusted annual rate of 1,549,000, which is 14.4% lower than April’s revised number and 3.5% lower than