
Redfin: U.S. Apartment Asking Rents See Biggest Increase Since 2023
Redfin, Seattle, found the median asking rent in July rose 1.7% year-over-year. That’s the largest increase since January 2023.

Housing Starts Up in July, Propelled by Multifamily
Privately-owned housing starts in July were at a seasonally adjusted annual rate of 1,428,000, the Census Bureau reported Aug. 19.

Trepp: CMBS Special Servicing Rate Retreats Slightly After Three Increases
Trepp, New York, reported the commercial mortgage-backed securities special servicing rate dipped in July after peaking at a 12-year high in June.

RCN/CJ Patrick: Investor Sentiment Rebounds from Recent Lows
Real estate investor sentiment is rebounding after declining sharply for two consecutive quarters, according to the latest RCN Capital/CJ Patrick Co. Investor Sentiment Index.

Almost 80% of Gen Z Believe They’re Priced Out of Homeownership, Clever Finds
Clever Real Estate, St. Louis, Mo., released a new study delving into Gen Z’s feelings about homeownership, finding 79% believe they are priced out completely.

Dealmaker: Marcus & Millichap Capital Corp. Secures $91M for Florida Multifamily
Marcus & Millichap Capital Corp., Calabasas, Calif., arranged $91.4 million in financing for the construction of two multifamily assets in Naples, Fla.