Average monthly rent surpasses $1,500 for the first time ever.U.S. apartment rents, occupancy and demand are at highs not seen in decades. According to separate reports from RealPage, all three have surged forward to levels last recorded in at least…
NAA Inflation Tracker
CPI, Latest Release, June 2021 5.3%
The Consumer Price Index (CPI) rose by 5.3% on a year-over-year basis while prices excluding food and energy (core CPI) rose 4.5%. CPI hit higher levels during the Great…
Renters are spending more on post-pandemic moves.Apartment hunters have more disposable income to spend on rent. The Apartment List Renter Migration Report for the second quarter of 2021 shows Americans are moving at a higher rate than before the…
Rent payment reporting can increase consumer credit scores.Reporting rent payments to a credit bureau has multiple positive impacts for residents and communities. New data from TransUnion found residents and communities can benefit by reporting rent…
Rental scams with the highest losses occur in the summer.As the heat rolls in with the summer months so do scammers looking to take financial advantage in the rental housing industry. Apartment Guide reviewed data from the Better Business Bureau…
The apartment market continues its recovery during the second quarter. As a result of surging rental rates and occupancy, demand for multifamily professionals stood strong. In this edition of NAAEI’s Apartment Jobs Snapshot, job openings in the…
Multiple factors are impacting growth in rent prices.Rent in the multifamily housing industry continues to hit record levels. According to the National Multifamily Report for June released last week by Yardi Matrix, asking rents in June surpassed 6…
Softwood lumber price increases affecting multifamily housing residents.While the rising cost of softwood lumber products has impacted builders across the construction industry, the effects of price increases are even wider reaching. The price…
Join the lawsuitThe National Apartment Association is taking legal action to recover damages housing providers suffered under the CDC’s eviction moratorium and ensure that similar measures can never again be enacted.The National Apartment…
Several factors, including inflation concerns, are attracting investors to rental housing.Money has been flooding into the apartment industry.There are a lot of reasons for the buyer interest. In some cases, investors in struggling segments of…