Tag: multifamily

  1. Built-for-Rent Construction Dominates Apartment Development

    An elevated rental share of multifamily construction is holding typical apartment size below levels seen during the pre-Great Recession period. As multifamily developers build more for-sale housing units in the years ahead, the average size of multifam…

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  2. Consumer Prices Rose in February

    Consumer prices rose modestly in February, reflecting increases in energy prices and the food index. The Bureau of Labor Statistics (BLS) released the Consumer Price Index for February. On a seasonally adjusted basis, the Consumer Price Index (CPI) ros…

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  3. Total Housing Starts Rebound in January

    Total housing starts increased 18.6 percent in January 2019 (1.230 million units) compared to a revised down December estimate of 1.037 million units. However, total starts are 7.8 percent below the January 2018 level of 1.334 million units, according …

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  4. Multifamily Construction Spending Hits New Record High

    NAHB analysis of Census Construction Spending data shows that total private residential construction spending stood at a seasonally adjusted annual rate (SAAR) of $536.7 billion in December. It was down 1.4% after a 3.4% increase in November. On a year…

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  5. Housing Starts Drop in December

    With the delayed December data now published, the pace of single-family starts declined for the fourth consecutive month as housing affordability concerns weighed on the home construction market at the end of 2018.  However, home building posted gains …

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  6. Energy Prices Continue to Fall

    The CPI was unchanged in January. The decrease in energy prices in January offset increases in the “core” CPI and the food index. The Consumer Price Index (CPI), reported by the Bureau of Labor Statistics (BLS), was unchanged in January on a seasonally…

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  7. U.S. Population Growth Persists but Growth Rate Slows

    The U.S. population grew by 2.0 million between July 1, 2017 and July 1,2018, representing a 0.6% increase from 325.1 million to 327.2 million, according to the U.S. Census Bureau’s national and state population estimates. The 2017 population estimates…

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  8. CPI Slipped in December

    In December, a big drop in energy prices dragged down headline inflation below zero, while core inflation remained steady. The Consumer Price Index (CPI), reported by the Bureau of Labor Statistics (BLS), declined by 0.1% in December on a seasonally ad…

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  9. Single-Family Starts Weak, Especially in the West

    The pace of single-family starts declined for the third consecutive month as housing affordability concerns continue to weigh on the home construction market.  Total starts posted a 3.2% increase due to gains for multifamily development. Total single-f…

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  10. Headline Inflation Flat in November

    The pace of headline inflation slowed from 0.3% in October to 0.0% in November as energy prices declined sharply. The Consumer Price Index (CPI), reported by the Bureau of Labor Statistics (BLS), was unchanged in November on a seasonally adjusted basis…

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