MBA Chart of the Week: State, Local Building Performance Standards

New York City has Local Law 97.  Washington D.C. has its Building Energy Performance Standards (BEPS).  Seattle has its Building Emissions Performance Standards (also BEPS). Denver has its Building Performance Policy (BPP).

MBA Chart of the Week: Selected Indexes of Housing Costs

The monthly cost burden of purchasing a new home, as interest rates and house prices rose precipitously in 2022, continued in the first few months of 2023. For example, MBA’s Purchase Applications Payment Index (PAPI), hit a new high in May. Since then, despite 30-year mortgage interest rates eclipsing 7%, the index has come down slightly as median loan application amounts moderated. We are, however, still in record territory as shown by the solid green line in this week’s chart.

MBA Chart of the Week: Year-to-Date Returns for REIT Stocks

How the health, social and economic impacts of the coronavirus outbreak flow through to commercial and multifamily properties remains clouded in uncertainty – mainly because of the uncertainty about the virus itself and our public and private responses to it. One thing that is clear is that different property types and different markets will be affected differently.