Tag: multifamily

  1. 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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  2. 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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  3. 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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  4. Multifamily Construction Remains a Built-for-Rent Market

    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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  5. Energy Prices Pushed CPI Higher in October

    The CPI accelerated over the month of October reflecting an increases in energy prices and the “core” CPI. The Bureau of Labor Statistics (BLS) reported that the Consumer Price Index (CPI) rose by 0.3% on a seasonally adjusted basis in October, faster …

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  6. Modular and Other Non-Site Built Housing

    The total market share of non-site built single-family homes was 3.3% of single-family completions in 2017, according to Census Bureau Survey of Construction data and NAHB analysis. This share is expected to rise in 2018 and in the years ahead, due to …

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  7. CPI Growth Slows in September

    Headline inflation rose slower in September relative to August, while core inflation was unchanged. The Consumer Price Index (CPI), reported by the Bureau of Labor Statistics (BLS), rose by 0.1% on a seasonally adjusted basis in September, slower than …

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  8. Multifamily Units by Building Size

    The US Census Bureau recently released data on 2017 multifamily unit completions by building type from the Survey of Construction (SOC). In 2017, there was a significant expansion in the construction of units in large multifamily buildings (buildings w…

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  9. A Modest Increase in the “Core” CPI in August

    The CPI increased by 2.7% at a seasonally adjusted annual rate while the “core” CPI rose modestly in August. The Consumer Price Index (CPI), reported by the Bureau of Labor Statistics (BLS), rose at a seasonally adjusted annual rate of 2.7% in August, …

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  10. Multifamily Built-for-Rent Share Remains Elevated

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