Tag: multifamily

  1. Starts Gain Ground But Permit Weakness Continues

    According to estimates from the U.S. Housing and Urban Development and Commerce Department, single-family and multifamily starts improved in April, consistent with the recent stabilization of the NAHB/Wells Fargo Housing Market Index (HMI). Single-fami…

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  2. Core Inflation Unchanged in April

    In April, core inflation remained unchanged. And, overall inflation decreased as increases in energy prices slowed and the food index fell. On a seasonally adjusted basis, the Consumer Price Index (CPI), released by the Bureau of Labor Statistics (BLS)…

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  3. Private Residential Construction Spending Declines in the First Quarter 2019

    NAHB analysis of Census Construction Spending data shows that total private residential construction spending stood at a seasonally adjusted annual rate (SAAR) of $500.9 billion in March, the lowest level since December 2016. It was the third consecuti…

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  4. Housing Construction Weakness Continued in March

    According to a estimates from the U.S. Housing and Urban Development and Commerce Department, single-family starts continued to show weakness in March, despite the recent stabilization in the NAHB/Wells Fargo Housing Market Index (HMI). After downward …

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  5. Energy Prices Rose Sharply in March

    The Bureau of Labor Statistics (BLS) released the Consumer Price Index for March. On a seasonally adjusted basis, the Consumer Price Index (CPI) rose by 0.4% in March, after a 0.2% increase in February. Excluding the volatile food and energy components…

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  6. Housing Starts Fall in February

    Total housing starts posted a 8.7 percent decrease in February (1.162 million units) compared to a upwardly revised January estimate of 1.273 million units according to the joint data release from the Census Bureau and HUD. Relative to February 2018, t…

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  7. 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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  8. 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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  9. 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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  10. 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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