The State of the Nation’s Housing 2024
Source – Harvard Joint Center for Housing Studies: “The State of the Nation’s Housing 2024” This is a big one, and we’ll likely be digging into this and discussing it in future episodes of the Gray Report, but we’ve got an overview of the main points to discuss today, and we kindly direct our audience…
GO >Gray Report Newsletter: June 27, 2024
The indominable growth of the housing market Amid persistently high interest rates and waning, but still-elevated, inflation, prices for single-family homes continue to increase, and despite the lower rent growth in the apartment market, the Harvard JCHS’s recent State of the Nation’s Housing Report finds continued affordability pressure in both the rental and for-sale areas…
GO >Rent Hikes Loom, Posing Threat to Inflation Fight
Source – The Wall Street Journal: “Rent Hikes Loom, Posing Threat to Inflation Fight” This review of the rent growth situation is more interesting than I expected. On the one hand, it might be easy to dismiss it as another article on elevated rent growth that ignores the disconnect between CPI-measured rent growth and the…
GO >Podcast: Midwest Multifamily Shows Its Strength
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 >Midwest Multifamily Shows Its Strength
Lower housing starts could exacerbate housing affordability issues, and while much of the US multifamily market is cooling due to to increased supply, midwestern multifamily markets are showing solid performance above national averages.
GO >Gray Report Newsletter: June 20, 2024
8.7% Jump for Apartment Investment Index after Sluggish 2023 Numbers showing “sharply” improved multifamily investment prospects for Q1 2024 have been released at the same time as recent analysis that has captured the extent of cooling CRE valuations in 2023, showing a stark contrast in investment market trends in spite of continued headwinds for the…
GO >What will the pullback in multifamily construction permitting mean for the rental market?
Source – Apartment List: “What will the pullback in multifamily construction permitting mean for the rental market?” “Following a period of record-setting rent growth, the national median rent has since dipped slightly from its late 2022 peak.” This Apartment List article gets at the apartment supply trends that are the specific cause of the dramatic…
GO >CPI inflation is down (again). Fed does NOT cut interest rates (yet).
On the same day that the CPI showed yearly inflation ticking down to 3.3%, with zero price growth last month, the Federal Reserve released its updated economic projections along with commentary that raised the possibility of an interest rate cut this year, but there was little definitive indication on when that might take place. While…
GO >Podcast: CPI inflation down, but Fed does NOT cut rates (yet).
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: June 13, 2024
Fed Dangles a Rate Cut as CPI Cools at Zero Monthly Gain, 3.3% YoY On the same day that the CPI showed yearly inflation ticking down to 3.3%, with zero price growth last month, the Federal Reserve released its updated economic projections along with commentary that raised the possibility of an interest rate cut this…
GO >