Rent Growth Trending Positive, Inflation Persists

Rent Growth May 14 23

New rent growth data⁠ cements a robust positive trend for multifamily performance, with four consecutive months of increasing monthly rent growth and forecasts that ⁠Q2 rent growth could exceed⁠ pre-pandemic averages if current trends continue. On the other hand, the rent growth measured in the ⁠Consumer Price Index⁠, (0.6% month-over-month and 8.8% year-over-year), continues to…

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Gray Report Newsletter: May 11, 2023

New rent growth data cements a robust positive trend, with four consecutive months of increasing monthly rent growth. Rents in Q1 were still recovering from the cooldown in the apartment market in late 2022, but we are in clear positive territory now, and Q2 rent growth could easily exceed pre-pandemic averages if current trends continue.…

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0.25% Rate Hike: Will This One Be the Last?

Rate Hike May 7 23

The Federal Reserve increased the Federal Funds rate by 25 BPS, breaking the 5% barrier in a rate hike that was largely anticipated by the markets, but with comments by Fed Chair Powell indicating a pause in interest rate increases, the next meeting of the Federal Reserve could be a significant indicator of the Fed’s…

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Is This the Last Fed Rate Hike?

last-fed-rate-May-07-2023

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What Fannie Mae Doesn’t Want You to Know about Rent Growth

Fannie-mae-doesnt-want-April-23-2023

Listen to the latest episode of The Gray Report Podcast and stay up to date on the most important news and research in the multifamily industry, commercial real estate, and the economy. The Gray Report on Spotify The Gray Report on Google Podcasts The Gray Report on Apple Podcasts

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Interest Rates Heading Down, Apartment Rents Heading Up

Interest Rates April 23 2023

Listen to the latest episode of The Gray Report Podcast and stay up to date on the most important news and research in the multifamily industry, commercial real estate, and the economy. The Gray Report on Spotify The Gray Report on Google Podcasts The Gray Report on Apple Podcasts

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Are Interest Rates Going Down? Are Apartment Rents Going Up?

A recent article from Charles Schwab claims that the Federal Reserve will avoid further rate hikes, but these lower interest rate forecasts are accompanied by the expectation of an economic downturn. In the multifamily market, a recent rent growth report has recorded a rare year-over-year rent decrease, but when viewed alongside numerous other reports showing…

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Inflation Down, Rent Growth Up: What’s Next?

Inflation Down April 16 2023

Listen to the latest episode of The Gray Report Podcast and stay up to date on the most important news and research in the multifamily industry, commercial real estate, and the economy. The Gray Report on Spotify The Gray Report on Google Podcasts The Gray Report on Apple Podcasts

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