Category: economics
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Freddie Mac Apartment Investment Market Index Falls in Q2 2022
National NOI growth was 3% quarter over quarter, with every metro seeing growth—Miami was the fastest grower at 4.7%, while Phoenix was the slowest at 0.5%; Quarter over quarter, property prices grew nationwide and in all markets except for Philadelphia;…
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Housing Starts See Double Digit Gains
Residential construction numbers were mixed in August. Home builders apparently worked on drawing down their backlogs of permits rather than seeking new ones while construction starts soared.
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Apartment Retention rates slip from all-time peaks but remain unusually high.
By Jay Parsons via LinkedIn in the #Multifamily Group Rental Housing Economist (Apartments, SFR) and PropTech VP Apartment renters continue to renew expiring leases far more often than usual, but not quite at the all-time peak levels seen earlier. Retention…
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Fed mulls further hike to cap inflation
The Federal Reserve is considering another interest rate hike of 0.75 percentage points at its September meeting, according to The Wall Street Journal, citing data from CME Group. The Fed has taken an aggressive approach to rates, hiking them by…
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Kim Kardashian strikes again.
Kim Kardashian is launching a private equity firm with a long-time Carlyle Group executive to invest in consumer and media brands.
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The current cities and states trying to stop landlords from jacking up rent prices
Rent is getting more expensive everywhere. In most US states and cities, there’s not a whole lot the government can do about it. That’s because rent control is prohibited in 37 states. But the surge in housing costs amid the…
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Interesting information regarding the economy 8-31-22
U.S. job openings reached 11.24 million in July, nearly one million above estimates and almost two times the number of available workers. July’s hot job report is another inflationary signal that the labor market is still extremely tight despite the…
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