Last year, weekly traffic for multifamily properties peaked during the first week of May at a national level, and it appears the pattern could be repeating again in 2025. Traffic counts have been down slightly in the last two weeks, and they ar...

Annual effective rent growth was 0.8% for the U.S., and the average occupancy rate was 93.67%. While multifamily performance has certainly improved in many markets compared to a year ago, improvements in the national average have somewhat stall...

The latest U.S. jobs report was stronger than expected, especially given the generally economic uncertainty often echoed by media reports. While there are a few caveats to the report, the positive tone should not have been too surprising given ...

Multifamily operational performance remained steady from the prior week and showed no signs of demand being impacted by headlines about the economy.Nationally, effective rents were up 1.0% from the prior year and the average occupancy ra...

Annual effective rent growth for multifamily increased slightly to 1.0% for the U.S. average. Occupancy checked in just above 93.7%. This week's report also details how job growth expectations have changed for 2025, which could impa...

Tariffs have dominated headlines. In this week's report, we cover the recent developments and how they could potentially impact demand for multifamily housing...

While U.S. annual effective rent growth averaged just 0.5% in Q1, it was much better than the -3.3% growth a year ago. Rent growth was still negative in some markets, but the pace improved from the prior year in 35 of 45 markets....

According to a recent report from the National Association of Realtors, 4.26 million homes were sold in February on a seasonally adjusted basis. The total was up 4.2% from the prior month, and it was stronger than the 3.2% increase expected by ...

The new administration is rapidly implementing many of the policies touted on the campaign trail. While the changes are meant for the long-term impact, consumers are becoming worried about the economy in the near term with so many large movemen...

The U.S. labor market added 151,000 jobs on a seasonally adjusted basis in February according to last week’s report by the Bureau of Labor Statistics (BLS). While the number was roughly 20,000 to 30,000 jobs below economists’ expectations, it w...

Last year’s home sales were at lowest level in almost 30 yearsA recent report by The Wall Street Journal cited preliminary data from the National Association of Realtors. High prices and elevated mortgage rates were among...

Job growth to slow in 2025, but remain positiveThis week’s economic analysis will focus on the results of the quarterly survey of economists byThe Wall Street Journal, which includes aggregated forecasts of more than 70 e...

Job growth closes 2024 unexpectedly strongThe U.S. labor market added 256,000 jobs on a seasonally adjusted basis in December according to last week’s report by the Bureau of Labor Statistics (BLS). The growth was much stronger th...

U.S. Annual Effective Rent Growth Turns PositiveThe Bureau of Labor Statistics (BLS) will release its final national jobs report this Friday. In all, the labor market was much stronger in 2024 than many economists predicted. The final r...

U.S. job growth bounced back in NovemberAfter a dismal report for October, job gains were strong in November with 227,000 jobs added to the U.S. economy on a seasonally adjusted basis. It outperformed the consensus expectations of approx...

This is a weekly narration of our weekly Rent and Operating Trends Report.Consumer confidence reaches a 16-month highBased on a report from the Conference Board, consumer confidence improved in November to one of its highe...

This is a weekly narration of our weekly Rent and Operating Trends Report.Existing home sales picked up in OctoberBased on a report from the National Association of Realtors, existing home sales increased 3.4% from Septemb...

This is a weekly narration of our weekly Rent and Operating Trends ReportSlight Uptick in Inflation, but U.S. Economy Still in Good ShapeBased on data from the Bureau of Labor Statistics, consumer prices increased 2.6%...

This is a weekly narration of our Rent and Operating Trends ReportFed Cuts Rates Again, Notes Low Growth for Market RentsThe federal funds rate was lowered by 25 basis point last week following a 50-point cut in September....

This is a weekly narration of our Rent and Operating Trends ReportU.S. Job Growth Slowed Significantly in OctoberBased on last week’s report from the Bureau of Labor Statistics (BLS), the U.S. labor market added 12,000 jobs i...

This is a narration of our weekly Rent and operating Trends Report.Top Metros for Job GrowthLast week, the Bureau of Labor Statistics (BLS) released its monthly report on metro-level job growth. It is one of the most impor...

This is a narration of our weekly Rent and Operating Trends Report.Retail Sales Stronger than Expected, AgainConsumer spending outpaced expectations in September, and August’s better-than-expected results were unrevised. R...

This is a narration of our weekly Rent and Operating Trends Report.Economists predict 1.5 million jobs to be added in the next 12 monthsAt the beginning of each quarter, The Wall Street Journal surveys more than 7...

This is a narration of our weekly Rent and Operating Trends Report.Jobs Report Much Stronger Than ExpectationsThe U.S. economy added 254,000 jobs in September according to the Bureau of Labor Statistics(BLS), which was rou...

This is a narration of our weekly Rent and Operating Trends Report.Fed Chair Jerome Powell Gives Positive OutlookSpeaking to attendees at the National Association of Business Economics annual meeting, the Fed’s leader prov...