Interest Rate Uncertainty Slows Apartment Sales to a Crawl

Listen to the latest episode of The Gray Report Podcast and stay up to date on the most important news and research in the multifamily industry, commercial real estate, and the economy. The Gray Report on Spotify The Gray Report on Google Podcasts The Gray Report on Apple Podcasts

GO >

Looking Beyond the 2023 CRE Market Cooldown

housing-demand-08-19-2023

Listen to the latest episode of The Gray Report Podcast and stay up to date on the most important news and research in the multifamily industry, commercial real estate, and the economy. The Gray Report on Spotify The Gray Report on Google Podcasts The Gray Report on Apple Podcasts

GO >

Housing demand is building. So are homebuilders.

housing-demand-aug 19 23

Berkshire Hathaway’s recent investment in homebuilding companies is a sound endorsement of the housing sector and continued strong demand for homes, and Warren Buffet’s new focus is supported by decreasing building material costs and increased permitting and starts for single family home projects, indicating continued interest in purchasing a home, even as mortgage rates make…

GO >

Rent Growth and Multifamily Performance in 2023

Rents are normalizing in the wake of the strongest rent growth surge in recorded history, but the Consumer Price Index’s measure of rent growth only tells part of the story. Unprecedented shifts in apartment asset performance demand greater attention to the tools used to measure rent growth, and Gray Capital’s report on multifamily rent growth…

GO >

Looking Beyond the 2023 CRE Market Cooldown

looking-beyond-aug 14 23

Mid-year updates and forecasts for the apartment and CRE markets uniformly note the improved economic conditions compared to the start of the year, but forecasts for rent growth and capital markets are diverging. Under one scenario, a recession in late 2023/early 2024 will prompt an interest rate reduction that could stimulate CRE capital markets, but…

GO >

Looking Beyond the 2023 CRE Market Cooldown

looking-beyond-podcast-08-14-2023

Listen to the latest episode of The Gray Report Podcast and stay up to date on the most important news and research in the multifamily industry, commercial real estate, and the economy. The Gray Report on Spotify The Gray Report on Google Podcasts The Gray Report on Apple Podcasts

GO >

Gray Report Newsletter: August 10, 2023

Looking Beyond the 2023 CRE Market Cooldown Mid-year updates and forecasts for the apartment and CRE markets uniformly note the improved economic conditions compared to the start of the year, but forecasts for rent growth and capital markets are diverging. Under one scenario, a recession in late 2023/early 2024 will prompt an interest rate reduction…

GO >

What Is Driving the Apartment Market?

driving-apartment-July 21 23

Rent growth trends continue to moderate from last year’s historic peak, and many of the top markets of last year have seen much lower rent growth due to the influx of apartments. Strong GDP numbers and a healthy job market, however, support continued housing demand and economic stability despite the elevated interest rate environment.

GO >

What’s Driving the Apartment Market?

Driving-08-04-2023

Listen to the latest episode of The Gray Report Podcast and stay up to date on the most important news and research in the multifamily industry, commercial real estate, and the economy. The Gray Report on Spotify The Gray Report on Google Podcasts The Gray Report on Apple Podcasts

GO >

Gray Report Newsletter: August 3, 2023

Apartment supply is growing. What’s next? As multifamily developers work through the construction backlog resulting from pandemic-era supply chain disruptions, projections for new apartment supply are being revised upward. Rent growth trends continue to moderate from last year’s historic peak, and many of the top markets of last year have seen much lower rent growth…

GO >