Posts Tagged ‘fannie mae’

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…

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…

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…

CRE Sales Plummets, Rent Growth Sluggish, but Prospects Are Good Investment sales for commercial real estate properties continues to decline year-over-year, and recent data on the multifamily market shows weaker rent growth than expected for this time of year. That being said, evidence continues to build that points to improving multifamily performance in the wake…

The Power of Affordability in Multifamily and Housing For multifamily investors, lenders, property managers, and other industry professionals, affordability remains a pressing issue. As the CRE investment market adjusts to higher rates, rising insurance rates are another affordability headwind for multifamily operations. In the broader housing market, declining home sales could lead to higher apartment…

CPI Inflation Is Down: Rate Cut by September? Consumer price index numbers show inflation down from 3.5% to 3.4% year-over-year in April, with monthly inflation numbers falling from 0.4% to 0.3%. It may be a bumpy road to the Federal Reserve’s inflation target, but given the moderation in the job market along with these latest…

Apartment Demand Growth Amid Record Supply As a historic wave of newly-built apartments continues beyond the one-year mark, elevated absorption numbers and data showing the first positive growth in occupancy in 2+ years are noteworthy signs of resilience in the apartment market. In the broader economy, lower jobs numbers and declining consumer credit suggest a…

Fed Declares: “Interest Rates Stay High” The latest meeting of the FOMC, in which the Federal Reserve affirmed its continued commitment to high interest rates, was not surprising given the bumps along the road to target inflation. In the multifamily market, even as apartment operators continue to navigate the occupancy and rent growth challenges associated…

Apartment Investors Are More Confident, Will the Market Follow? Multifamily investor sentiment improves even as debt financing challenges continue. Strength in the labor market, robust apartment demand, and stable consumer sentiment are some of the reasons behind this, but another significant factor is the decline in the multifamily construction pipeline. For investors looking beyond the…

Is the Fed Keeping Interest Rates High? Comments this week from Federal Reserve Chair Jerome Powell are among the most forceful indications yet that interest rate cuts may be delayed past initial expectations. While some extreme predictions push the rate cuts all the way out to March 2025, futures data is pointing to July or…