COMMERCIAL

Multifamily News Feed

Sign up for our weekly newsletter and we’ll keep you in the loop with articles, industry and market trends, construction finance news, and tips from the field, all specifically focused on the multifamily housing market.

Multifamily News


Property Percent Index Costar Report Price
- CoStar reported that its value-weighted index of multifamily property prices fell 1.4 percent month-over-month in August after a revised fall of 0.5 percent the month before. The index increased 15.2 percent year-over-year. The combined value-weighted index of non-multifamily commercial property rose by 5.4 percent, year-over-year, in August. This index rose 1.4 percent month-over-month. The other commercial property types tracked by CoStar are office, retail, industrial and hospitality. For ... [Read More]

Source: yieldpro.com

Percent Number Builder Starts Builders Nahb Census
- The business of the typical NAHB (National Association of Home Builders) builder grew significantly between 2020 and 2021, according to results from NAHB's latest member census .  The 2021 NAHB census shows that the median gross revenue of an NAHB builder in 2021 was $3.3 million, up 26.9 percent from the previous year. NAHB reinstated its member census during the industry-wide downturn of 2008, when median annual revenue of builder members was only around $1.0 million.  Median annual ... [Read More]


Home Market Growth Years Panel Price
- SEATTLE — Sky-high mortgage costs are driving down competition among home shoppers, and a market firmly in favor of buyers is expected before the end of next year, according to a majority of economists and housing experts surveyed by Zillow . The panel also expects rent growth to outpace inflation during the next 12 months, as priced-out potential home buyers exert additional pressure on the rental market. Home value growth, which hit record highs over the course of the pandemic, is now ... [Read More]


Percent Construction Costs Delays Respondents Construction Delays
- New NMHC Construction Survey finds that construction delays are ongoing throughout the country This month's NMHC Construction Survey found that 90 percent of respondents reported construction delays, with 78 percent of this group reporting delays in permitting and 86 percent experiencing start delays. Notably, an increasing share of respondents reported delayed starts due to a lack of availability in construction financing—from 7 percent of respondents in March, to 15 percent in June, to ... [Read More]

Source: yieldpro.com

Mortgage Percent Quarter Debt Half Second Half
- The first half of 2022 saw more multifamily borrowing and lending than any previous January through June period. The second half of the year will be different. $ in billions The first half of 2022 saw more multifamily and commercial borrowing and lending than any previous January through June period. The second half of the year will be different. The level of mortgage debt outstanding increased by $99.5 billion (2.3 percent) in the second quarter of 2022, according to MBA's second-quarter 2022 ... [Read More]


Home Sales August Home Builders National Association Construction
- WASHINGTON — A brief decline in mortgage rates helped to boost new home sales in August but sales are expected to move on a downward trend in the months ahead as rates have since moved higher and builder sentiment continues to fall due to declining housing affordability and ongoing supply chain bottlenecks says the National Association of Home Builders . Sales of newly built, single-family homes in August increased 28.8% to a 685,000 seasonally adjusted annual rate from an upwardly ... [Read More]


Interest Market Investment Ernie Katai Year Investors
- Ernie Katai discusses shifts in borrowers' needs and useful tools to navigate uncertain times. Ernie Katai, Head of Production, Berkadia. Image courtesy of Berkadia The multifamily investment landscape continues to be robust, as demand for housing is still high and capital availability is not an issue. Despite the recent increase in interest rates , things appear to stay on track. The only change noted by advisors and bankers so far is an unsurprising slowdown in transaction volume. In the ... [Read More]


Units Downtown Development Construction New Units Storagecafe
- First published on Dive Brief: Across the country's 100 largest cities, about 391,000 new downtown apartment units have sprung up between 2013 and the present day. This represents 37% of the total multifamily inventory in these areas, according to a report by StorageCafe . Four of the top five cities for new downtown apartments are in the South, led by downtown Atlanta, with 21,500 new units since 2013. Los Angeles is in second, with 19,342 new units over the same period, followed by Houston; ... [Read More]


SOLUTION

Multifamily

Durability for developers, reliability for residents, perfection for performance. Whether it’s one residence or one thousand, Symmons has the durability, quality, and style outside the wall, and the ease of installation and maintenance inside.

Explore Our Solutions for Multifamily

Subscribe to Symmons News

Get industry-insider product info, videos, and more!

Get the Symmons Multifamily News Feed!

Get the latest multifamily construction industry news piped to directly you from Symmons. Just sign up for our weekly newsletter and we’ll keep you in the loop!

Newsletter Signup
Get Symmons News!

Get the latest info and trends from Symmons piped right to your inbox. Symmons News features:

  • Symmons product releases and company announcements
  • Over-the-counter info for supply houses and wholesalers
  • Industry blog posts that span from the trenches to the design showroom
  • Links to our new hands-on Symmons instructional video library
  • …and more

Drop us your info and we’ll hook you up.

Newsletter Signup