Archive for August, 2018

Q2 GDP growth revised upward to 4.2%

GDP growth in the second quarter has been revised upward by the Commerce Department to an annualized 4.2% from an initial estimate of 4.1%, after economists expected no change. Adjusted corporate profit before tax has climbed 7.7% during the past year, the largest 12-month increase in four years. Read full story Read more

Fannie and Freddie to Exit Single-Family Rental Market

The government-sponsored enterprises (GSEs), Fannie Mae and Freddie Mac, will conclude their single-family rental pilot programs and terminate their participation in the single-family... Read full story Read more

New Freddie Mac incentive looks to keep rents affordable

Freddie Mac announced Tuesday its new program to keep rents more affordable by incentivizing investors with favorable loan pricing. Read full story Read more

National Average Rents Rise to an All-Time High

The national average rent rose by $3 in July 2018 as the market remains on its steady pace, up to an all-time high of $1,409, according to the latest Yardi Matrix Multifamily National... Read full story Read more

No ‘Looming Threats’ to Multifamily Performance

"The multifamily market's current strong performance should continue throughout 2018 and well into 2019, said Freddie Mac Multifamily, McLean, Va." Read full story Read more

Multifamily Starts Mixed in Top 10 Metros in H1 2018

"Half of the top 10 metropolitan markets for commercial and multifamily construction starts showed increased activity during the first six months of this year compared with a year ago." Read full story Read more