Yardi Says Rent Growth is Breaking Records Nationwide According to the latest Yardi Matrix Multifamily Report, the average U.S. multifamily rents in July increased $ 25 to $ 1,539 (up 10.3% year-over-year). Yardi says the recovery in rents is widespread and being fueled by a return to urban cores, job growth and an increased savings
Rentable Says September Rents are Surging Rentable says that the median nationwide rent price for one-bedroom units in September was $ 1,219 (up 2.4%) with two-bedroom units coming in at $ 1,479 (up 2.09%). Year-to-date, Rentable says one-bedrooms are now up 8.27% and two-bedrooms have gained 6.87%. Be sure to check out their full data
S&PCoreLogicCaseShiller Says Annual Home Price Up 18.6% in June The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index reported a 18.6% annual gain for June, 2021. Their 10-City Composite annual increase came in at 18.5% and their 20-City Composite posted a 19.1% year-over-year gain. “We have previously suggested that the strength in the U.S.
Black Knight Says 1.45 Million Mortgages Remain Seriously Past Due According to Black Knight’s “first look” report for July, 2021, overall delinquency volumes continued to edge closer to their pre-pandemic levels, however the number of serious delinquencies were still significantly elevated at the end of July. They point out that around 1.45 million borrowers remained
Yardi Says Another Record-Breaking Month for Multifamily According to the latest Yardi Matrix Multifamily Report, the average U.S. multifamily rents in July increased $ 26 to $ 1,510 (up 8.3% year-over-year). Yardi says single-family (Built-to-Rent) rents continue to grow at an even faster pace than multifamily, with national rents up 12.8% year-over-year. In addition, out
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