Freddie Mac Multifamily, McLean, Va., expects multifamily performance to remain muted for the remainder of the year as the market works through a historically high supply of new units.
Tag: Rent
CoreLogic: Year-Over-Year Rent Growth at 2.6% in January
CoreLogic, Irvine, Calif., released its single-family rent index, showing single-family rental costs increased by 2.6% year-over-year in January.
CBRE: Renting Less Expensive Than Mortgage Payments
CBRE, Dallas, released a new report finding average mortgage payments are 38% higher than average apartment rents as of year-end.
Redfin: Median Asking Rent Continues to Decline
Redfin, Seattle, reported the median U.S. asking rent fell 0.8% year-over-year in December, marking the third consecutive decline.