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.
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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.
New York City continues to have the greatest number of projects under construction, with 106 projects/18,354 rooms.
St. Petersburg Pier reconstruction completes and post-pandemic workplace design will not be the same for all.
The HEALS Act includes essential liability, workforce, financial & unemployment reforms, but association will work to get needed infrastructure investments included in final relief measure.
Customized labs give universities a recruiting edge and the U.S. construction pipeline remains robust through the first half of 2020.
Projects currently under construction stand at 1,771 projects/235,467 rooms, up 3% and 1% respectively, YOY.
North Carolina will stop relying on FEMA flood mapping and Cal Poly Pomona's newest project.
Credits integrate public health and social equity with sustainability planning.
Skanska selects Pickard Chilton to design new ofice tower and days grow long at nursing homes as virus lockdowns drag on.
Phase one of Toronto's The Orbit detailed and architecture billings remains in negative territory.
The commercial building sector is expected to be the hardest hit.