One shift expected from the pandemic was the movement of millennials away from apartments and toward single-family housing. Recent data and analysis show, however, that this trend may be petering out, according to a new report from Moody’s Analytics. Instead, multifamily fundamentals look bright for both the short and medium-term, it finds.
On Tuesday, the U.S. Treasury Department announced it would release the remaining $13B allocated by Congress for distribution to states and local jurisdictions that have already reached benchmarks for success in getting those funds to renters and landlords.
Mid-sized cities near large markets are gaining a greater focus for apartment developers as the country moves away from the pandemic, and for many, away from the big cities.
Renters absorbed nearly 9,900 units from April to June, the strongest quarter for leasing in more than 10 years
With peak Delta variant cases soon to hit this month followed by a likely retreat, apartment renters appear poised more than usual to get out and move
The U.S. Supreme Court late Thursday struck down the Biden administration’s two-month extension of the nationwide moratorium on evictions.