Research

"The national vacancy rate for multifamily properties ended the calendar year at 4.9%. … Demand for apartments has been robust throughout 2018."

–Apartment First Glance 2018 Quarter 4

January 15, 2019
Apartment First Glance 2018 Quarter 4
This Fourth Quarter 2018 pre-release analysis by Moody’s Analytics (Reis Economics) concludes on a positive note for the apartment sector: “Our outlook remains favorable given current conditions of positive job growth and tepid housing sales. The recent momentum should keep rent growth positive even as vacancy rates edge up a bit in the next few quarters.” Reis notes rising interest rates, stock market volatility and less favorable tax treatment for homeowners as positive developments affecting the sector.  READ

November 30, 2018
The Case for Workforce Housing
This CBRE report examines the positive supply/demand dynamic in the workforce housing segment of the multifamily market, which in turn has inspired rising demand from institutional and cross-border investors.  READ

September 2018
Emerging Trends in Real Estate 2019
Based on survey responses from more than 1,630 real estate industry professionals, lenders and investors, this annual publication by the Urban Land Institute and PricewaterhouseCoopers explores the need for new approaches to an evolving market. This new survey examines real estate trends such as “amenity creep,” rising sensitivity to ESG issues and the role of technology in fine-tuning risk/return assessments.  READ

July 24, 2018
The State of the Nation’s Housing 2018
This marks the 30th year of this study by the Joint Center for Housing Studies of Harvard University. The Rental Housing section of this year’s study notes that “the longer-term picture for rental housing demand is positive as increasing numbers of the large millennial generation form new households and more older households switch from owning to renting.”  READ

March 2018
Emerging Trends in Real Estate 2018
This publication by the Urban Land Institute and PricewaterhouseCoopers presents the current outlook for multifamily housing in the context of diverse property types in the U.S. and Canada.  READ

December 26, 2017
Investors Pile Into Suburban Rental Housing
This Wall Street Journal article describes the investment benefits associated with Class B apartments relative to luxury Class A buildings, including higher yields, predictable rent growth and constant demand.  READ

June 12, 2017
Our Vision for 2030
The National Apartment Association and National Multifamily Housing Council explore demographic and societal trends leading to significant future growth in demand for multifamily housing.  READ

June 16, 2017
The State of the Nation's Housing 2017
A study by the Joint Center for Housing Studies of Harvard University. The study provides a detailed consideration of the supply/demand factors that will contribute to opportunity in U.S. multifamily housing based on ultra-low vacancy rates and widespread real rent gains.  READ

December 7, 2017
Multifamily Housing: A Primer for Offshore Investors
CBRE provides ten reasons to invest in the U.S. multifamily sector. Attractive risk-adjusted returns and relatively low volatility top the list, which also includes healthy demand, a favorable demographic outlook, liquidity and diversified credit risk.  READ