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Resources

Multifamily Construction Update (August 2020)

COVID-19 continues to cause delays across the multifamily construction industry. Still, as the economy opens up, signs of life are appearing across new proposals, permits, and starts. Completions continue to trend downwards, in-line with the..

Multifamily Construction Update (July 2020)

COVID-19 continues to cause delays across the multifamily construction industry. Still, as the economy opens up, signs of life are appearing across new proposals, permits, and starts. Completions continue to trend downwards, in-line with the..

Multifamily Construction Update (June 2020)

Low-density markets continue to garner developer attention, especially given the potential fall-out from COVID-19. While new starts continue the downward trend and completions remain soft, new permits ticked upwards in May. The anticipated..

Multifamily Construction Update (May 2020)

NMHC Construction Survey (Round 2) shows continued pressure throughout the multifamily construction sector, while forward-looking metrics (permits, starts, completions) also continue to decline. One shining light: affordable housing looking..

Multifamily Construction Update (April 2020)

Construction-related issues begin to take hold as COVID-19 tears through the nation. Construction delays from the stay at home orders (affecting permits) and global supply-chain constraints led to the lowest 1Q20 deliveries in nearly a decade in..

Multifamily Construction Update (February 2020)

The Nation’s highest supply markets continue to offer the greatest concessions, year after year. However, the overall market is healthy. For the year ended January 2020, the market started the year at 95.5% occupied and 2.9% rent growth. Still,..