1. 2022-23 Apartment/Loft Order #54 - Rent Guidelines Board
These rent adjustments will apply to rent stabilized apartments with leases commencing on or after October 1, 2022 and through September 30, 2023.
NEW YORK CITY RENT GUIDELINES BOARD
2. Challenging Times for the Rental Housing Industry
Dec 14, 2023 · With headline inflation averaging 8.0% in 2022, just about every expense category increased for owners and operators of rental housing.
Insurance, insurance, insurance: it dominated discussions of the apartment industry in 2022 and 2023, but evidenced by data in this report, the financial pain of operating apartments did not stop there. Cooling demand, along with increased competition from new supply and high interest rates, also put a dent in the revenue side, making this time period one of the most challenging for the apartment industry in years.
3. Multifamily End Of Year Market Report | 2022
Jan 4, 2023 · After two years of historical performance, multifamily real estate is moderating a bit, with rent growth slightly dipping in Q3 2022.
Overall, the multifamily sector is experiencing change, but steady rent growth and rising interest rates are playing in the market’s favor.
4. Apartment Completions Rising - 2024 - Eye on Housing
Aug 29, 2024 · The percentage of new apartment units that were absorbed within three months of completion rose from a decade low 42% to 53% in the first quarter of 2024.
The percentage of new apartment units that were absorbed within three months of completion rose from a decade low 42% to 53% in the first quarter of 2024, according to the Census Bureau’s latest release of the Survey of Market Absorption of New Multifamily Units (SOMA). The SOMA survey covers new units in multifamily residential
5. 2022 Will Be a Record Year for Apartment Construction - RealPage
Jan 4, 2022 · Over 426,000 apartments are under construction and slated to complete in 2022, which is the highest volume on record for the U.S. apartment ...
More apartments are scheduled to complete in 2022 than in any single year since at least the 1980s. Over 426,000 apartments are under construction and slated to complete in 2022, which is the highest volume on record for the U.S. apartment market in at least 40 years. For comparison, 2021 was also considered a record read more
6. The cities expecting the most apartment deliveries this year
Aug 16, 2024 · The cities expecting the most apartment deliveries this year. Over 518,000 new units are expected to come online nationwide by the end of 2024.
Over 518,000 new units are expected to come online nationwide by the end of 2024.
7. An Encouraging Third Quarter for Multifamily - ALN Apartment Data
Oct 14, 2024 · With the third quarter officially in the books, 2024 is quickly approaching its end point. Despite remaining challenges, the third quarter ...
Despite remaining challenges, the third quarter featured some reasons for encouragement in the industry performance data.
8. Time is Money: The Ins and Outs of New Apartment Construction in 2022
New apartment construction is slowing and taking longer amidst lower demand and rising regulatory and debt pressures.
9. Apartment Market Pulse Fall 2024
Oct 28, 2024 · ... 2022 and 2023. Quarter-ending data from Yardi highlights the top six markets with the lowest occupancy levels in BTR communities: Atlanta ...
Demand Catching Up to Supply
10. 2022 Ends With A Decline in Single-Family Starts For the First ...
Jan 19, 2023 · However, single-family housing starts are down 25% compared to December 2021. The multifamily sector, which includes for-rent apartment ...
Led by a decline in multifamily production, overall housing starts decreased 1.4% to a seasonally adjusted annual rate of 1.38 million units in December, according to data from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. Also of note, single-family housing starts ended the year down more than 10%, marking
