Housing Starts Jump 3.9% in August The U.S. government is reporting that privately‐owned housing starts in August were at a seasonally adjusted annual rate of 1,615,000, which is 3.9% higher than July’s revised number. In addition, this figure is 17.4% higher than one year ago. August’s rate for units in buildings with five units or
Consumer Price Index Up 0.3% in August The U.S. Bureau of Labor Statistics is reporting that the Consumer Price Index for All Urban Consumers (CPI-U) was 0.3% in August, 2021. Over the last 12 months, the all items index increased 5.3% before seasonal adjustment. Click here to read the full release at the Bureau of
Local Market Monitor’s National Economic Outlook for August 2021 Local Market Monitor, a National REIA preferred vendor, recently released their monthly National Economic Outlook where they share their thoughts on developments taking place in the U.S. economy. National Economic Outlook By Ingo Winzer August, 2021 The economy continues to improve but apparently not fast enough
NMHC Says 80.2% of Apartment Households Paid Rent by August 6th The National Multifamily Housing Council (NMHC) says that 80.2% of apartment households made a full or partial rent payment by August 6th, 2021. This figure is 0.9% higher than those who paid rent through August 6, 2020. The data comes from the NMHC’s Rent
Zumper’s National Rent Report for August ’21 Rental information site Zumper recently released their latest monthly National Rent Report showing that their median national rent for 1-bedroom apartments in July was $ 1,407 (up 7%) and the median two-bedroom rent was $ 1,787 (up 8.7%). Be sure to check out their list of the top
The cost to rent in nearly a dozen Mass. cities (August edition) Of the Eastern Massachusetts cities that saw the biggest month-over-month increases in the median rent in July, Haverhill led the way, according to a report the Zumper real estate site released Aug. 2. Haverhill experienced a jump in the median cost for a one-bedroom
