Tag Archive for ‘rental’

Single-Family Built-for-Rent Construction Slow in 2019

The number of single-family homes built-for-rent (SFBFR) posted a year-over-year decline for the fourth quarter of 2019. The SFBFR market has received attention as a means to add single-family inventory amid concerns over housing affordability and downpayment requirements in the for-sale market. Single-family built-for-rent construction does differ in structure characteristics compared other newly-built single-family homes. According to NAHB’s analysis of… Read More ›

CPI Mostly Unchanged for Second Month in a Row

The Bureau of Labor Statistics reported that the Consumer Price Index for All Urban Consumers (CPI-U) held steady in July. Overall, the CPI-U has remained either unchanged or declined in each of the last four months. Energy prices slipped 0.3% in July, putting more downward pressure on topline CPI.  The next couple of months of readings on overall CPI will… Read More ›

NAHB’s MVI Indicates Improving Conditions in the Rental Apartment Market

In the first quarter of 2012, NAHB’s Multifamily Vacancy Index (MVI) dropped to 31, the lowest it’s been since the inception of the index in 2003.   As the MVI captures industry sentiment about vacancies, a decline in the index signals overall improvement in the market for existing rental apartments. The MVI is a composite measure of multifamily property owner/manager sentiment… Read More ›

The Rental Housing Stock

Given the increasing focus with respect to growing demand for rental properties, we thought we would present the breakdown of the rental housing stock by structure type. Using the 2009 American Housing Survey, the data show that 30% of all housing units in the United States are renter-occupied or vacant for-rent.   A surprisingly large share of this rental housing stock consists of single-family detached homes: 27%. When adding townhouses… Read More ›