Articles
Multifamily developer confidence down in Q3
The prospects for continued high levels of multifamily development declined significantly in the third quarter, as did the prospects for continued high occupancy rates, according to results from the Multifamily Market Survey (MMS) released today by the National Association of Home Builders (NAHB). Read More
Inflation has peaked
There now are strong indications that inflation is finally easing. And lumber is again setting the trend, with prices down a third from their mid-year 2021 high. Prices of commodities like lumber are often quite volatile, meaning that they can rise rapidly and fall equally quickly. Read More
Housing affordability falls to 10-year low
Housing affordability fell to its lowest level since the National Association of Home Builders (NAHB) began tracking it on a consistent basis in 2012 as rising mortgage rates, ongoing building material supply chain disruptions, high inflation and elevated home prices pushed the housing market into a recession. Read More