Multifamily rents drop in September 2024
The average multifamily rent fell by $3 in September to $1,750, while year-over-year growth was unchanged at 0.9 percent.
HORIZONTV FEATURING BD+C: WATCH EPISODES ON DEMAND AT HORIZONTV
The average multifamily rent fell by $3 in September to $1,750, while year-over-year growth was unchanged at 0.9 percent.
National nonresidential construction spending increased 0.1% in August, according to an Associated Builders and Contractors analysis of data published today by the U.S. Census Bureau. On a seasonally adjusted annualized basis, nonresidential spending totaled $1.22 trillion.
Research platform StorageCafe has conducted an analysis of U.S. real estate activity from 1980 to 2023, focusing on six major sectors: single-family, multifamily, industrial, office, retail, and self-storage.
As the summer season winds down, student housing performance remains strong. Preleasing for Yardi 200 schools rose to 89.2% in July 2024, falling just slightly behind the same period last year.
Residential construction expands as many commercial projects languish.
International Code Council and FLASH celebrate the most comprehensive study conducted around hazard-resilient building codes to-date.
Â
This news comes even after 36 states added construction jobs in October.
The pace of decline during October remained at about the same level as in September.
New study outlines how building product manufacturers can best support architects in climate action.
Incoming president and congress should focus on enacting measures to rebuild infrastructure and revive the economy.
A growing number of project cancellations risks undermining future industry job gains.
Association officials warn that demand for nonresidential construction will slide further without new federal relief measures.
Among the sixteen nonresidential subcategories, thirteen were down on a monthly basis.
The Joint Center for Housing Studies and AARP’s Public Policy Institute connect livability with income, race, and housing costs.