25 BPS Fed Rate Hike: Multifamily Impacts and Insights from the NMHC Conference

As multifamily industry leaders gather for the NMHC Conference in Las Vegas, the market remains in a tenuous state, with confidence in apartment fundamentals alongside uncertainty about the economy. Additionally, the Federal Reserve’s recent 0.25% rate hike could point to a forthcoming taper and decrease in interest rates as the year progresses, but the Fed’s…

GO >

Gray Report Video: Multifamily Market Waiting for Distress

Forecasts continue to provide a clearer view of the major factors expected to drive multifamily fundamentals in 2023, and the investment market is waiting for the kinds of sales activity that will clarify a pricing environment that is still adjusting to the escalating interest rate hikes from the Federal Reserve. Additionally, the as-yet-unknown timing and…

GO >

Gray Report Video: Getting to the Heart of Housing Demand

Projections for multifamily performance in 2023 hew far closer to historical averages than in past years, and the potential for recession has played a major role in experts’ predictions for the multifamily market. With incoming apartment supply expected to make a big impact on markets throughout the country, insights into the drivers of housing demand,…

GO >

Gray Report Video: Shakeup in the Multifamily Market

The apartment market has shifted in a number of ways, not the least of which is moderating national rent growth, but the U.S. national average obscures a marked reshuffling among individual multifamily markets in the country. Less volatile markets that saw slower growth in 2021 and early 2022 have risen to the top of rent…

GO >

Gray Report Video: Doom or Boom for Multifamily in 2023?

A working paper from the Federal Reserve Bank of Cleveland outlines a new way of measuring rent growth with strong implications for how economic policy makers understand and track inflation, Fannie Mae’s most recent commentary on the multifamily market reviews the housing implications associated with the growth of the 75+ population, Japan’s bond market shifts…

GO >

Gray Report Video: Is the Fed Wrong about Rent Growth?

A working paper from the Federal Reserve Bank of Cleveland outlines a new way of measuring rent growth with strong implications for how economic policy makers understand and track inflation, Fannie Mae’s most recent commentary on the multifamily market reviews the housing implications associated with the growth of the 75+ population, Japan’s bond market shifts…

GO >

Gray Report Video: Predicting the Future for Multifamily in 2023

The Federal Reserve is raising rates another 50 basis points, the CPI report is showing inflation cooling, and multifamily investors and industry leaders are making predictions for the apartment market and commercial real estate in the year to come. Expectations of a serious economic downturn next year have lessened, and while financing will remain a…

GO >