Apartment Demand and Middle-Income Housing Affordability

Happy Arab guy stroking cute dog on floor at home, his girlfriend relaxing with cup of coffee on background, copy space

Source – Cushman & Wakefield: “Unpacking Multifamily Supply Risks and Demand Booms” This report from Cushman & Wakefield has a direct connection to a recent report from Apartment List, citing that very same low homeownership rate of Millennials as a demand driver for the multifamily market. The graph that they have breaks down homeownership rates…

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The CRE Resurgence Has Already Started

Resurgence Sept 16

With CPI showing continued declines in inflation this week and lower ten-year treasury yields foreshadowing an expected interest rate reduction from the Federal Reserve, investors continue to show more activity and interest in the CRE investment market, with multifamily properties specifically showing noticeable positive growth in property prices since the beginning of the year. Rents…

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Gray Report Newsletter: September 12, 2024

CRE Investors Ready for the Rebound With CPI showing continued declines in inflation this week and lower ten-year treasury yields foreshadowing an expected interest rate reduction from the Federal Reserve, investors continue to show more activity and interest in the CRE investment market, with multifamily properties specifically showing noticeable positive growth in property prices since…

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Podcast: The CRE Resurgence Has Already Started

podcast Sept 16 24

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 Apple Podcasts

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The Biggest Barrier to Housing in the United States

Barrier Sept 9

Recent years have seen housing costs rapidly climb, and high interest rates are only part of the problem. Housing policies attuned to the benefits of additional housing supply often meet opposition at the hyper-local level, but policymakers are becoming increasingly more attentive to the ways in which deregulation can help solve the housing affordability crisis…

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Gray Report Newsletter: September 5, 2024

CRE Investors Ready for the Rebound While the stock market dipped lower following weaker jobs data, CRE investors are moving quickly in anticipation of a recovery in the markets and higher sales activity amidst a more favorable debt environment. One singular rate cut won’t make a dramatic difference for more borrowers, but CRE investors are…

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Housing Proposals from the Harris Campaign

The White House: “Remarks by Vice President Harris at a Campaign Event in Raleigh, NC” [focusing on the economy and touching on housing and rents] – https://www.whitehouse.gov/briefing-room/speeches-remarks/2024/08/16/remarks-by-vice-president-harris-at-a-campaign-event-in-raleigh-nc/ I marshaled a short list of materials to provide a more detailed account of housing policy discussions connected to the Kamala Harris campaign. Amplified by Kamala’s recent remarks…

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Lower Interest Rates “Paving Way for Invigorated CRE Investment”

Institutional Property Advisors: “Interest Rates Trend Lower, Paving Way for Invigorated Commercial Property Investment” This research brief roughly summarizes a lot of what’s being expected and projected in the CRE market: Expecting: A rate cut. Projecting: Lower borrowing costs. Etc. Could it be a 25 basis point or 50 basis point rate cut? Will Ten-Year…

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