MBA Chart of the Week, July 19, 2021: Home Prices, Rent and Inflation

Federal Reserve Chair Jay Powell testified before Congress last week and received several questions regarding recent inflation trends, with overall CPI inflation increasing 5.4 percent in June 2021 compared to a year ago. This followed readings of 4.2 percent in April and 5.0 percent in May. The headline inflation number was the highest in 13 years, while the recent monthly pace of core inflation is the highest since the early 1980s.

SFR Investors Continue to Hunt Build-to-Rent Opportunities

Wealth Management Real Estate, July 19, 2021–Jenn ElliotFacing heavy competition and lower yields on acquisitions of existing single-family rentals, investors are betting on building new communities from the ground up.https://www.wealthmanagement.com/multifamily/sfr-investors-continue-hunt-build-rent-opportunities?

MBA Chart of the Week, July 19, 2021: Home Prices, Rent and Inflation

Federal Reserve Chair Jay Powell testified before Congress last week and received several questions regarding recent inflation trends, with overall CPI inflation increasing 5.4 percent in June 2021 compared to a year ago. This followed readings of 4.2 percent in April and 5.0 percent in May. The headline inflation number was the highest in 13 years, while the recent monthly pace of core inflation is the highest since the early 1980s.

MBA Chart of the Week, July 19, 2021: Home Prices, Rent and Inflation

Federal Reserve Chair Jay Powell testified before Congress last week and received several questions regarding recent inflation trends, with overall CPI inflation increasing 5.4 percent in June 2021 compared to a year ago. This followed readings of 4.2 percent in April and 5.0 percent in May. The headline inflation number was the highest in 13 years, while the recent monthly pace of core inflation is the highest since the early 1980s.

Ten Steps that Can Improve Housing Affordability

Orange County Register, July 15, 2021–Jeff LazersonWhen it comes to real estate, reducing purchase and refinance transactional costs along with improving ongoing payment affordability might be easier than one might …

Blackstone Buys Affordable Housing Portfolio Stake for $5.1B

GlobeSt.com, July 15, 2021–Erika MorphyBlackstone Real Estate Income Trust is acquiring American International Group’s interest in a U.S. affordable housing portfolio for $5.1 billion in cash. This transaction, subject to …

Commercial Real Estate Firms Ramp Up Their Pursuit of Accredited Investors

Wealth Management Real Estate, July 15, 2021–Beth Mattson-TeigReal estate funds that used to exclusively target institutions are increasingly trying to appeal to retail investors.https://www.wealthmanagement.com/investment-strategies/real-estate-firms-ramp-their-pursuit-accredited-investors?